Browsing Tag

#timberindustrynews

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Lumber trades above $680 as supply tightens

Lumber futures climbed above $680 per thousand board feet on Wednesday, nearing…

High wood costs and geopolitical pressures hit Finnish forest industry earnings

Major Finnish forest industry companies reported weaker second-quarter profits this week, as…

Weyerhaeuser Q2 profit falls 50% as lumber demand weakens

U.S. timber company Weyerhaeuser reported a 50% drop in second-quarter profit on…

Kronospan’s Sebeş sawmill received timber from protected forests, EIA reports

The Sebeş sawmill in Romania, currently operated by Kronospan, continues to receive…

West Fraser lowers 2025 lumber shipment targets following softer N. American demand

West Fraser Timber Co. Ltd reported second-quarter sales of $1.532 billion and…

Stora Enso’s Wood Products division posts strong earnings growth despite slow market

Stora Enso’s Wood Products division reported higher sales and profits in the…

Long-time Sveza Group CEO Frishman resigns

Anatoly Frishman, CEO of Sveza Group, one of Russia’s largest forestry holdings,…

Tariffs shake up U.S. plywood market, impacting orders and pricing

Tariffs are a hot topic in the hardwoods market, especially for plywood…

Vida advances in European softwood producer rankings, with the Karl Hedin acquisition

Swedish sawmiller Vida has become the third-largest softwood producer in Europe, following…

Cautious optimism returns among European sawmillers as Q3 outlook stabilizes

Central European sawmills are reporting a modest uptick in business confidence heading…