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Softwood Lumber Agreement Termination Notice and Instructions from Customs and Border Protection
THIS JUST IN FROM ONE OF MADISON’S LUMBER REPORTER’S VALUED SOURCES… RE: SLA Termination Notice and Instructions from CBP “Dear SLA Clients and Colleagues; Please see the attached U.S. Customs CSMS issued today with regard to the termination of the 2006 Softwood Lumber Agreement. While DFAIT is going to continue to require Export Permits for…
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ISM Manufacturing Index, US: August 2015
The Institute for Supply Management’s manufacturing purchasing managers index, released Tuesday, fell to 51.1 in August from 52.7 in July. Manufacturing Index, US The ISM survey’s exports index declined to 46.5 last month from 48 in July. That gauge has slid each month since May—the last time it was at a break-even level. The new-orders…
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Supercalendered Paper Export Duty
In an ominous foreshadowing of what is to come for Canada’s softwood lumber producers, the United States Department of Commerce Thursday issued a preliminary ruling that Irving Paper’s Port Hawkesbury, NB, supercalendered paper exports into the US, along with those of several other Canadian companies, were being unfairly subsidized. That followed a preliminary finding last…
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Canada/US Softwood Lumber Trade
Russ Cameron, president of the Independent Wood Processors Association of BC, told The Working Forest on April 17 that BC’s value added wood processors are being “decimated” by big lumber. In an email to Madison’s Thursday, Cameron provided context, saying: there is no more growth for commodity wood products but lots of opportunity for value…
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US Industrial production and Capacity Utilization – March 2015
Industrial production in the US decreased 0.6 per cent in March after increasing 0.1 per cent in February. For 1Q 2015, industrial production declined at an annual rate of 1.0 per cent, the first quarterly decrease since 2Q 2009. The decline last quarter resulted from a drop in oil and gas well drilling and servicing…
