The Ashland Sawmill project is expected to create and retain the equivalent of 220 permanent full-time jobs.
Madeira serrada
Dealers report higher supplier prices, reduced Canadian shipments and longer lead times after the duties took effect.
Imports of lumber to India grew only 0.9%.
Lumber prices rose 3.8% month over month and 5.0% year over year.
Production centralises to Oulu, Oulainen, and Kalajoki sawmills as log costs pressure profitability.
Index falls $5 from one month ago despite $7 gain since early September.
Price for lumber imported to Kazakhstan rose 3%.
Price for lumber exported from the EU to MENA grew only 0.2%.
Price for lumber exported from Finnish contracted 9%.
Price for lumber exported from Swedish contracted 8%.
Price for lumber exported from Finnish to Algeria dipped 1.7%.
Price for lumber exported from Norwegian dipped 2%.
Several producers improved results, while mill closures reduced Nordic lumber capacity and production.
The new facility at Kočevska Reka will process beech timber in batches ranging from six to 15 metres.
Regional constraints, limited plantation expansion and infrastructure barriers will restrict how much additional softwood roundwood reaches markets.
Price for lumber imported to the UK upped 3%.
Plywood prices rose 25.8% year over year, while wooden log prices gained 0.9% in August.
Price for lumber imported to Egypt upped 2%.
Price for lumber imported to the UK gained 2%.
The mill will start at 80 million board feet annually and reach 108 million board feet at full capacity.