Commerce preliminarily sets combined duties at 25%, but the current 35% rate stays in effect until a final determination.
Lumber
Martin á Porta named Deputy Chair as committee leadership assignments confirmed at constitutive meeting.
Backed by over $4 million in federal IFIT funding, the Clinton, Ontario, facility will use robotics to produce wooden trusses and reduce waste.
Industry groups seek a three-year bankruptcy moratorium as losses top 15 billion rubles.
The licence will support about 445 truckloads of logs a year and supply wood for split-rail fencing made at the company’s Kootenay operation.
Price for lumber exported from Brazil slipped 2%.
Outgoing leader Arto Halonen transitions to senior advisor role after 14 years with the company.
Price for lumber exported from Chile upped 1.0%.
Benchmark gains $4 weekly and $31 monthly as futures-linked composite tracks North American production.
Price for lumber exported from the European Union to United Arab Emirates grew 6%.
Kiln-dried cedar prices rise in some sizes, while kiln-dried cypress prices fall year over year in one key size and stud lumber posts gains.
Price for southern yellow pine lumber exported from the U.S. gained 3%.
March 26–28 program includes mill visits and supplier meetings with log and lumber companies.
Deal adds two Oklahoma locations to 56-store network as employee-owned company expands ninth-state footprint.
Price for softwood lumber exported from Canada to the U.S. increased 7%.
Canadian shipments fall under U.S. duties, allowing European suppliers to gain share on a shrinking market.
Price for softwood lumber imported to the U.S. lost 5%.
Current CEO Nick Arkle transitions to non-executive Chair after three-month handover starting 1 April.
Japanese owner says weak export demand and high operating costs put the Northland sites under pressure.
Price for lumber imported to Egypt gained 3%.