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Global Trends Review

Major trends of the week in the world’s forest industry.

U.S. housing starts rise in June

July 21, 2021 ` 17:41  
U.S. homebuilding increased more than expected in June, though expensive lumber, as well as shortages of labor and land, continued to constrain builders’ ability to fully take advantage of robust demand for housing. Housing starts rose 6.3% to...

Segezha Group announces indicative price range for IPO and planned listing on Moscow Exchange

April 21, 2021 ` 10:46  
Segezha Group announces the indicative price range for its initial public offering and planned listing of ordinary shares on Moscow Exchange, and the publication of the offering memorandum in relation to the offering. The indicative price range in...

US sawn timber prices show all-time highs

April 20, 2021 ` 15:50  
In the week ending April 16, 2021, the price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr rose another +$80, or +6%, to $1,210 mfbm ($465 per m³), from $1,130 the previous week, said Madison’s...

In 2020, China reduced imports of sawnwood by 11%

April 16, 2021 ` 17:25  
According to data from China’s Customs, 2020 sawnwood imports totalled 33.86 million m³ valued at $7.68 billion, a year on year decrease of 11% both in volume and in value. Of total sawnwood imports, sawn softwood imports fell...

Tesla truck test for timber transport

April 14, 2021 ` 17:12  
As part of a pilot project in Canada, Tesla Semis are used to transport wood. Mosaic Forest Management, a forestry company based on Vancouver Island, intends to use electrification to pave the way for emission-free transport. Mosaic explains...

Chinese hardwood log imports fell 17% in 2020

April 1, 2021 ` 19:08  
Chinese hardwood log imports in 2020 fell 17% to 12.64 million m³ (21% of the national total log imports). The average price for imported hardwood logs in 2020 was $232/m³ (CIF), down 6% on 2019.

US housing starts drop 10.3% in February 2021

March 22, 2021 ` 18:41  
New residential construction in the U.S. showed a substantial decrease in the month of February 2021, according to a report released by the US Commerce Department on Wednesday, with housing starts extending the sharp pullback seen in the...

Green Bay Packaging begins paper mill production

March 22, 2021 ` 14:47  
Green Bay Packaging Inc. (GBP), Green Bay, Wisconsin, has announced that the first reel of paper was produced March 11 at its paper mill in Green Bay. The company says this milestone comes two and a half years...

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an order from Siempelkamp

Russian Timber Journal 02-2021: interview with Russ Taylor, President of Russ Taylor Global; Russian sawn timber market in 2020, outlook for 2021; Metsä Fibre going ahead with € 1.6 billion Kemi bioproduct mill investment; Segezha Group acquires Novoyeniseiskiy Wood Chemical Complex; Uvadrev places an...