Tag: housing starts

Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader; Rosleskhoz published final harvesting volumes performance by Russian regions; U.S. nearly doubles duty on Canadian softwood lumber; Sveza purchased Kama PPM; Segezha Group will issue new shares; Ministry of Industry and Trade included a wood processing project by Forest Travel LLC in the list of priority projects; new plywood production facilities were commissioned in the Khabarovsk Region; a Chinese investor will start producing veneer and plywood in the Perm Region by the end of 2024; furniture production in the Northwestern Federal District grew by over 20% in H1 2024

Russian Timber Journal 06-2024: Interview with Chongqing Chensen Timber, a Chinese sawn timber trader: “The supply of sawn timber currently exceeds the demand”; Rosleskhoz published final harvesting volumes performance by Russian regions: the Russian timber harvest has been reducing for...

Russian Timber Journal 04-2024: Interview with Nadezhda Ryazantseva, Analytics Director, Segezha Group; European Union imposes anti-dumping duties on birch plywood from Kazakhstan and Turkey; VLP Group purchased all assets of Metsä Group in the Leningrad Region; Sheksna Wood-Based Panels Plant launched a new MDF production line; after a two-month growth, the plywood production in Russia dropped by 6.2% MoM in April; Ilim Group is planning to implement two investment projects in the Irkutsk Region; in Q1 2024, furniture production grew considerably; in Q1 2024, the roundwood export from Russia grew by 14.6%; birch veneer export from the Vologda Region surged by almost one third

Russian Timber Journal 04-2024: Nadezhda Ryazantseva, Analytics Director, Segezha Group: “In Q1 2024, we saw an increase of demand and prices in some locations”; the European Union announced the imposition of anti-dumping duties on Kazakhstan and Turkey of...

Russian Timber Journal 03-2024: Interview with Evgeny Peshin, Head of Neoparma LLC; a shortage of high-quality raw material for plywood may emerge in the Russian market; Segezha Group published its financial and operational performance results for Q4 2023; International Paper acquires DS Smith for $7.2 billion; Russian timber harvest reached 188 million m³ in 2023; built-in furniture may be included in the mortgage amount; in 2024, Ilim Group is planning to increase its product shipments to China to 2.4 million t; in 2023, investment in the Russian timber industry dropped by 4.8%, down to 188.8 billion rubles

Russian Timber Journal 03-2024: Evgeny Peshin, Head of Neoparma LLC: “Our line is designed for small and medium companies, and this category of entrepreneurs has no access to investment funds”; a shortage of high-quality raw material for plywood may emerge...

U.S. home construction jumps 11.8% in November

U.S. homebuilding surged to an eight-month high in November 2021 amid an acute shortage of properties on the market, though higher prices for raw materials and labor shortages remain a constraint. Housing starts increased 11.8% to a seasonally...

U.S. single-family housing starts decline further in August 2021

Overall housing starts advanced 3.9% MoM to a rate of 1.615 million units in August 2021. Data for July was revised up to a rate of 1.554 million units from the previously reported 1.534 million units. Housing starts...

July U.S. housing starts fall 7% from June

July U.S. housing starts were down 7% from June, but were 2.5% higher on the year, according to data released Aug. 18 by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. July housing...

U.S. housing starts rise in June

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...

US housing starts slow — builder optimism falls

US homebuilding rebounded less than expected in May 2021 as expensive lumber and shortages of other materials continued to constrain builders’ ability to take advantage of an acute shortage of houses on the market. The latest report from...

US housing starts move higher in March 2021

A report released by the Commerce Department on Friday showed a substantial rebound in new residential construction in the U.S. in the month of March 2021. The Commerce Department said housing starts skyrocketed by 19.4% to an annual...

US housing starts drop 10.3% in February 2021

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...

U.S. housing starts fall in January 2021

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the US Commerce Department released a report on Thursday showing housing starts pulled back by much more than expected in the month...

U.S. Housing starts rose to fastest pace since 2006 in December

U.S. home construction starts rose in December 2020 to the best pace since late 2006 as builders responded to the robust demand for single-family housing. Residential starts climbed by 5.8% to a 1.67 million annualized rate, according to...