Source: Woodworking Network Hardwood plywood imported from China does not injure the U.S. industry and will not be subjected to antidumping duties, the U.S. International Trade Commission (USITC) ruled today.
Source: University of Leicester A new biodegradable and recyclable form of medium density fibreboard (MDF) has been created that could dramatically reduce the problem of future waste. Today (31 October), Professor Andrew Abbott is awarded the Royal Society Brian Mercer Award for Innovation 2013 that will help him make the critical step from prototype to product.
New report reveals largest flooring retailer is fueling Russia’s illegal logging crisis and endangering Siberian Tigers
Source: Woodworking Network With the fear of lumber shortages as strong as the outlook for 2014, lumber sales should hold steady through year-end even as North American manufacturing winds down for the winter. Global consumer confidence will also get a boost as the U.S. debt default is averted…or at least kicked down the road.
Source: Woodworking Network A Chinese floor manufacturer will invest $15 million to open a 40,000 square foot flooring factory in Danville, VA.
Source: Woodworking Network By Bill Esler There are two sides to every plywood panel (technically there are six). So when the U.S. Department of Commerce determined that China's plywood manufacturers had sold at predatory pricing levels - below the cost of production - U.S. plywood makers cheered.
Source: PR Newswire The return of the US housing market is driving up demand for lumber and wood panel products. In response Oriented Strand Board (OSB) capacity is expected to expand, according to a new study published today by RISI, the leading information provider for the global forest products industry.
Source:Woodworking Network In the 2Q/13, the Global Sawlog Price Index (GSPI), which is based on 19 key markets around the world, increased for the fourth consecutive quarter to reach US$86.60/m3. The Index has gone up 5.1 percent year-over-year, reaching its highest level since the 4Q/11.
Global Pulpwood Prices Weaker pulp markets and a strengthening US dollar resulted in lower wood fiber prices in US dollar terms in most of the major markets covered by the WRQ. Over the past two years, hardwood fiber prices have fallen more than softwood fiber prices. Source: FloorDaily The U.S. Court of International Trade has ordered the U.S. Department of Commerce to reconsider its calculation of anti-dumping duties on Chinese wooden flooring, according to a story at Law360.
Source: WoodworkingNetwork US demand for countertops is forecast to increase 5.1 percent per year to 750 million square feet in 2017, representing a brisk turnaround from the declines of the 2007-2012 period. Going forward, countertop demand will be spurred by a recovery in US building construction, and in particular, gains in single-family housing completions through 2017. Advances will also stem from a relaxation in credit requirements, providing homeowners with needed financing to go forward with countertop remodeling plans. These and other trends are presented in Countertops, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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