Price for lumber exported from Sweden to the U.S. decreased 12%.
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Exports of lumber from Sweden to Morocco expanded 8%.
New leader brings international real estate development and project delivery experience to advance mass timber adoption.
Price remains unchanged from previous week, but down $15 from one month ago.
The price for softwood lumber exported from Canada to U.S. decreases 8%.
U.S. deal involves over 1,000 employees at 28 plants, with Bright Wood to operate under existing leadership.
Finland holds 33% share of Egypt’s lumber imports, followed by Russia with 26% and Sweden with 22%, based on data from Lesprom Analytics.
Retailer sees 2.5%–4.5% sales rise in 2026, below expectations.
The American Wood Council also elects new vice chairs from SmartLam and PotlatchDeltic, effective January 2026.
Price down 6% from a month ago, marking a $29 decline since November.
The upgrade will add a Hybrid Sawline with a 7 ft bandsaw, dual-profiling gang, and full IoT integration, supporting current processing of 160 thousand m3 of timber per year.
Mike Mackay becomes CFO and Andrew Horahan assumes COO role, both effective December 8, 2025.
Exports of lumber from Russia to Japan slipped 1.9%.
Lumber shipments grow 14.4%, while year-to-date output declines 3.9% compared to last year.
Cedar lumber declines 0.1% while cypress lumber increases 0.2% from October.
Handelsbanken expects wood raw material prices to fall by 10–15% while structural supply shortages and strong krona continue to challenge Swedish industry.
Temporary curtailment affects mills in Quebec, Ontario, Canada, and the US due to stagnant North American demand.
Exports of lumber from Brazil lost 8%.
New facility to process local softwood for the domestic Japanese market.
Nate Jorgensen will retire on March 2, 2026, after six years as CEO and will remain on the board of directors; the company will not fill the chief operating officer role after the transition.