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#timberindustrynews

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US tariffs to curb Canadian lumber demand and profitability, Moody’s warns

Moody’s Investors Service expects the latest round of US tariffs and countervailing…

Spruce shortages hit German sawmills despite stable prices

Germany’s sawmills are short of softwood, particularly spruce. The poor supply situation…

Finnish sawmill exports rise but challenges persist

The production of sawmill companies in Finland rose to €8.8 million in…

Ikea profit falls 26% as U.S. tariffs drive up costs

Sweden’s Inter Ikea, the company that supplies furniture to Ikea stores worldwide,…

Södra cuts sawmill output by 20%

Södra has announced a temporary reduction in production at its Värö and…

British Columbia launches largest forestry trade mission to Asia to expand lumber markets

On Thursday, the British Columbia government said a delegation led by Minister…

Stora Enso’s Bad St. Leonhard plant surpasses one million cubic meters of CLT production

The Stora Enso Bad St. Leonhard plant in Carinthia, Austria, has produced…

German Timber Trade Association calls for tighter control to block Russian timber imports via third countries

The German Timber Trade Association (GD Holz) has reaffirmed its full support…

Interfor reports $216 million Q3 loss as tariffs, weak prices, and duty adjustments pressure results

Interfor Corporation reported a net loss of $216 million for the third…

West Fraser cuts lumber capacity

West Fraser Timber said on Thursday it will permanently close its lumber…