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US Commerce Dept Final Duty Determination: Softwood Lumber
The US Commerce Department issued Thursday it’s Final Determination of both Countervailing and Anti-Dumping duties on Canadian softwood lumber imports to the US. The North American forest products industry now waits for the last of these bureaucratic announcements, which were triggered in November 2016 when the US first launched the softwood lumber trade claim. In…
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US Commerce Dept Final Determination: Softwood Lumber Duties, Nov 2017
https://www.commerce.gov/…/softwood_lumber_canada_ad_cvd_fi… The next step is the International Trade Commission (ITC) Final Determination in later December. Some of the duty rates may be adjusted. Canadian operators will be required to pay duties on softwood lumber shipments to the US at the beginning of January 2018. This announcement also says that ‘critical circumstances’ exist on the anti-dumping…
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US New Home Sales: September 2017
Contracts for new US home sales expanded by 18.9 per cent in September to a 667,000 seasonally adjusted annual rate, according to estimates from the joint data release of HUD and the Census Bureau Wednesday. The solid reading in September returns new home sales to the positive growth trend it has been on for several…
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Roseburg Sells, Solifor Buys…
Roseburg Resources, out of Sprinfield, OR, is selling 170,000 acres of timberland in Siskiyou and Shasta counties an Australia management firm, according to the Mail Tribune Thursday. Roseburg has operations in three Northwest states, including a medium density fiberboard plant in Medford, and four Southeast states. The buyer is New Forests, a US$3 billion firm…
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Canada Housing Starts: September 2017
Canadian housing starts dipped in September, capping another quarter of strong home building growth, but a drop in August building permits suggested the long boom is cooling, separate reports from Canada Mortgage and Housing Corporation showed Tuesday. Groundbreaking on homes in Canada edged slightly lower in September to 217,118 units from August’s upwardly revised 225,918…
