Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...

Worldwide demand for North American hardwoods climbed faster than supply in October. Many concentration yards were low on both kiln-dried lumber to sell and green lumber to put in dry kilns. The sales ...

One of North America's largest lumber producers said it would reduce output by at least 15% for the rest of 2024, increasing curtailments it made earlier this year amid tumbling demand and prices for ...

Lumber prices are down 24% from their mid-March peak amid subdued home-building activity. US housing starts and new building permits are on the decline this year, each falling 4% and 6% in May. The ...

Another sawmill in northwestern Ontario is being shut down indefinitely. Domtar announced Tuesday that the Ignace sawmill ...

(Bloomberg) -- US lumber prices, which already have risen in recent months due to lower production in Canada, could see further gains after President-elect Donald Trump’s proposed tariffs on trade ...