BREAKING NEWS: U.S. Hardwood Plywood Manufacturers File Petition For Antidumping & Countervailing Duties

The Coalition for Fair Trade in Hardwood Plywood has petitioned for antidumping and countervailing duties to counter unfair trade practices by Indonesia, Vietnam, and China. These petitions were filed on Thursday, May 22, with the U.S. Department of Commerce and the International Trade Commission and have significant implications for our economy, in which hardwood plywood plays a critical role in producing numerous downstream products.

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Wood Trivia: Test Your Knowledge

Just how old is the U.S. Forest Service?

Answer: The roots of the U.S. Forest Service began in 1876. 

PHOTO © ARCHITECT OF THE CAPITOL

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FASTMARKETS

Can U.S. Federal Lands Offset Imported Canadian Timber Products?

For decades, the U.S. has imported a significant amount of the timber it needs. Canada is its largest supplier, providing about 30% of U.S. softwood lumber and oriented strand board (OSB) and 14% of softwood plywood. Experts conducted research to determine whether U.S. federal lands have enough timber to meet the country's needs and identify constraints.  

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U.S. Hardwood Imports Surge

U.S. imports of hardwood plywood soared by 30% in March. Imports of hardwood flooring and assembled flooring panels both rose by more than 20%. Imports of hardwood moulding grew by 26%.

Read more: US Wood Product Report → 

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HF & DHA

EUDR Poses Threat To U.S. Forest Products Trade

Stakeholders in the forest products industry stated that new guidance documents for the EU Deforestation Regulation do not relieve its onerous regulatory burdens. "The EU Commission's latest guidance documents neither address severe EUDR compliance challenges that continue to threaten U.S. forest products exports, nor provide any legal compliance certainty. In addition, the Commission’s latest updates appear to disproportionately benefit EU supply chains."

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