The strike at Canada’s largest rail network may be over, but it will take days or weeks before the supply chain gets back on track, industry leaders say.
Prices paid for goods used in residential construction decreased by 1.1% in June (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics.
The latest announcement of major sawmill curtailments Monday, this time with Canfor making production cuts at all its facilities, caused a complete reversal of lumber futures prices on the Chicago Merchantile Exchange.
Canada have filed an appeal concerning the WTO panel report in the case brought by Canada in “United States — Anti-dumping measures applying differential pricing methodology to softwood lumber from Canada”.
Prices paid for goods used in residential construction did not change in May (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics.
Canada will appeal last week’s decision by the World Trade Organization (WTO) which ruled to allow the United States to use “zeroing” to calculate anti-dumping tariffs, Foreign Minister Chrystia Freeland said in a statement on Monday.
Metsä Wood has started test runs on the new 65,000-cubic-metre Kerto LVL line at the Punkaharju mill in Finland. The investment will increase the mill's production of Kerto LVL by about 50%.
