The U.S. Department of Commerce released its preliminary determination for the Second Administrative Review in antidumping duty (AD) and countervailing duty (CVD) investigation.
News in lumber
EACOM Timber Corp. Resumes Production at Timmins Ontario Sawmill After COVID-19 Outbreak
EACOM Timber Corp. has announced that their Timmins sawmill is back in operation after a temporary shutdown last week due to a COVID-19 outbreak that was reported on May 12, 2021 at the site. The sawmill is currently running one shift instead of the usual two.
USNR Signs Major Contracts for Wood Processing Systems in Europe and North America
USNR, the wood processing technology supplier based in Woodland, Washington, is reporting that they have signed a number of major contracts over the past several months. A €13m contract was signed in late 2020 with Tschopp Holzindustrie AG in Switzerland for a new saw line.
Demand for Lumber Continues to Rise but Not the Number of New Sawmill Facilities
The sawmill business is and has always been cyclical. Today North America’s sawmills cannot keep up with demand, resulting in wood prices that are at historical levels and are continuing to climb higher. However, sawmill owners and their executive teams are overall not in a rush to build new facilities.
Confirmed COVID-19 Cases Temporarily Shuts Down EACOM Timber’s Timmins, Ontario Sawmill
EACOM Timber Corporation has announced that it has temporarily shut down its Timmins, Ontario, Canada sawmill operations after COVID-19 cases were confirmed at the site. According to Biliana Necheva, EACOM public relations senior advisor, there have been four confirmed cases among the 132 employees at the Timmins site.
U.S. Lumber Demand Sends European Lumber Prices Higher
Unrelenting building demand, the result of the COVID-19 pandemic, amongst other things, has kept U.S. sawmills from being able to catch up with that unabated demand. With U.S. builders needing lumber coverage, but rarely asking about price, suppliers have been forced to look for product sources apart from their traditional suppliers.
Fire Destroys New Sawmill in Northwestern Wisconsin
Firefighters from seven different communities’ departments spent five hours on Saturday (5-8-21) battling a fire in a new sawmill just outside the City of Cornell Wisconsin. According to Cornell Area Fire Department’s Assistant Chief Matt Boulding, the building, and its contents are a total loss.
To Counter Higher Lumber Prices, Many Alaskans Have Decided to Mill Their Own Lumber
Economists are warning that the current increase in lumber prices might last for an extended period of time. To that end, many Alaskans already tired of higher lumber prices have decided to either build their own or purchase a portable sawmill.
What Happens When Lumber Shortages Run into Transportation Shortages
The susceptibility of the global supply chain to suffer from major pinch-points and headwinds has never been clearer than during the ongoing COVID-19 pandemic. There was a significant underestimation of how much products and services would be needed, resulting in major supply chain issues in everything from lumber, to semiconductors, to shipping capacity and labor.
The “Top 10” 2020 Canadian Lumber Producers Survey Reflects the Impacts of the COVID-19 Pandemic on the Industry
The Forest Economic Advisors LLC, (FEA) annual survey of the “Top 10” Canadian lumber producers reflects the unprecedented year that the industry has seen as a result of the COVID-19 pandemic. The Canadian lumber market had been tough in 2019 with a number of mill curtailments and closures, but there were signs of a recovery late in the year and into the first months of 2020.