Paper & Pulp Mills
SCA to raise European kraftliner prices by €100 per tonne SCA announced a €100 per tonne increase on all kraftliner grades in Europe, effective September 1, 2026. Sources: PaperAge · Lesprom
Cascades beats expectations in Q2, lifts EBITDA outlook Cascades posted Q2 sales of $1.22 billion and EBITDA of $140 million (up 2%), with net earnings of $21 million; management now expects annual run-rate adjusted EBITDA to exceed $600 million in the second half and called the impact of newly announced U.S. tariffs manageable. Source: PaperAge
Metsä Group cuts costs as tariffs weigh on pulp and paperboard demand The Finnish forest products group is implementing cost-reduction measures to offset weakening pulp and paperboard prices caused by trade tariffs, with lower wood and fixed costs partially cushioning profitability. Source: Lesprom
Forestry & Timber
U.S. lumber prices climb to a four-year high as supply tightens Lumber prices have reached their highest level in four years, driven by supply-base constraints from capacity closures rather than housing demand, which remains weighed down by elevated mortgage rates and subdued home sales. Source: Timber Industry News
U.S. Forest Service awards $105.5 million to 177 wood projects The U.S. Forest Service distributed more than $105 million across wood manufacturing and innovation initiatives in 44 states, aimed at expanding processing capacity, commercializing forest-management byproducts and reducing wildfire hazards. Source: Lesprom
U.S. restores countervailing duties on D&G and Portbec lumber The United States reinstated countervailing duties on softwood lumber from Les Produits Forestiers D&G and its cross-owned affiliate, requiring a 1.05% cash deposit on entries from August 6. Source: Lesprom
France races to salvage up to 7 million m³ of fire-damaged timber Update: French forestry companies are now mobilizing to recover up to 7 million m³ of fire-damaged timber before insects and degradation destroy its industrial value. Source: Timber Industry News
Södra to sell three Danish business units Södra Wood Danmark is divesting its Bioenergy, Project Sales and Interior Wood units along with their employees and commercial activities, with the transaction expected to close in September. Source: Timber Industry News
Canadian lumber production falls 7% in May Canada's lumber output declined 6.8% year-over-year to 3.87 million m³ in May, and was down 3% from the previous month, underscoring the supply tightening behind recent price gains. Source: Lesprom