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US Newsprint Duties Cancelled, Funds to be Returned to Canadian Companies
The U.S. International Trade Commission has overturned duties imposed on Canadian newsprint, said the Canadian Press today. The commission says it found that imports of the paper product, part of the wider category of uncoated groundwood paper, do not injure US industry. The U.S. Commerce Department imposed anti-dumping and countervailing duties of various levels on…
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US Coniferous Log Exports: First Half 2018
Further to Madison’s latest story, about the skyrocketing levels of US softwood lumber exports to China, is equally stunning increase of US coniferous log exports to China. At the same time that Canadian sawmills are being blamed for the stark rise in North American construction framing lumber prices, in large part due to punishing US…
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US Softwood Lumber Exports: First Half 2018
As an exciting sneak preview of the upcoming quarterly issue of Madison’s Forest Pulse, the latest data on US lumber exports paints an astonishing picture. Given that Canadian sawmills are being blamed for high lumber prices — in large part due to the current punishing US softwood lumber duties — the stunning increases in US…
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Sawmill Sale
Anthony Timberlands, out of Bearden, AR, has contracted to purchase the Watson Sawmill Company hardwood sawmill and chip mill facility in Mount Holly, according to the Magnolia Reporter August 24. The purchase price was not disclosed. The mill employs about 70 people “The Watson mill is a modern, state of the art, facility in all respects,”…
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Current Softwood Lumber Prices Compared to Recent and Historical Highs: August 27, 2018
This week the North American softwood lumber market “settled down” (to use that term lightly) from the wild swings of the past couple of months. Supply was carefully assessed as field inventories were well-stocked but also wood kept going out the door. A more accurate sawmill order file than the previous few weeks was pegged…
