Canada's exports of softwood lumber to U.S. rise 1.2% through …
Dec 5, 2024 · Access to market price trends and changes. Insights on emerging market trends and opportunities. Exclusive commentary and expert interviews. Updates on production capacity changes
Owner of Europe’s largest sawmill files for bankruptcy
Nov 26, 2024 · The Ziegler Group, one of Europe’s largest wood industry enterprises, has filed for bankruptcy through its parent company, Ziegler Holding GmbH.
China's manufacturing PMI rises to 50.3% in November, …
Dec 4, 2024 · Among the sub-indexes, the production index rose by 0.4 percentage points to 52.4%, indicating increased production activity. The new order index climbed 0.8 percentage points to 50.8%, reflecting a rebound in market demand.
Redfin predicts 4% rise in home prices and 9% increase in home …
Dec 4, 2024 · Redfin’s 2025 housing market predictions reveal that a combination of rising home prices and steady mortgage rates, hovering near 7%, will lead many potential buyers to continue renting. Rental affordability is projected to improve, with median asking rents remaining flat while wages rise. Detailed Predictions:
New orders for U.S. manufactured goods rise 0.2% in October
Dec 4, 2024 · Furniture and related product shipments declined slightly by 0.6% in October to $6.8 billion from $6.9 billion in September. Year-to-date shipments for furniture totaled $68.9 billion, a 0.9% increase compared to the same period in 2023, indicating steady annual growth despite the monthly dip.
Imports of lumber to India lose 40% in September
In September 2024, the imports of lumber to India contracted 40% year-on-year to 151.9 thousand m3....
Construction job openings fall 40% year-over-year in October
Dec 3, 2024 · The U.S. construction industry reported 249,000 job openings at the end of October, reflecting a decrease of 164,000 from the same period last year, a decline of nearly 40%, according to an Associated Builders and Contractors (ABC) analysis of the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS).
Susanna Rinne takes interim leadership of UPM Plywood from …
Dec 2, 2024 · Rinne steps into Executive Vice President role as Mika Kekki transitions to UPM Specialty Papers Susanna Rinne will assume the role of interim Executive Vice President of UPM Plywood business area effective 1 January 2025.
Russian lumber production forecasted to drop 3.4% in 2024
Dec 3, 2024 · Lumber production in Russia is forecasted to decrease by 3.4% in 2024 compared to the previous year, reaching its lowest levels since 2020 during Q4, as outlined in the "Russian Lumber Industry Insights" report.This decline is attributed to weak market conditions, including the prolonged crisis in China’s construction industry and slowing domestic consumption growth driven by …
Metsä Board concludes negotiations on temporary layoffs for …
Dec 4, 2024 · Metsä Board, part of Metsä Group, has finalized negotiations on potential temporary layoffs at its Finnish mills, involving 1,100 employees from Joutseno, Kaskinen, Kemi, Kyro, Tampere, Simpele, and Äänekoski.