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Canadian Lumber Taxes Could Further Increase New Home Costs

Canadian Lumber Taxes Could Further Increase New Home Costs

The NAHB has previously estimated that Trump's tariffs could increase the cost of building a new home by $9,200.
NAHB Anticipates Increased Logging and Boosted Tariffs in 2025

NAHB Anticipates Increased Logging and Boosted Tariffs in 2025

On the flip side, the Canadian lumber shipments into the U.S. are expected to more than double by September this year.
Patterson Lumber Co. to Close its Galeton, PA Sawmill After 75 Years

Patterson Lumber Co. to Close its Galeton, PA Sawmill After 75 Years

The lumber operation is a fourth-generation business that started in 1921 and has been at the current location for 50 years.
Commerce's Tariffs Plan on 2023 Canadian Softwood Imports Sparks War of Words

Commerce's Tariffs Plan on 2023 Canadian Softwood Imports Sparks War of Words

In the new ruling, the Commerce Department determined a combined preliminary anti-subsidy and anti-dumping duty rate of 34.45% for Canadian lumber imported in the calendar year 2023.
B.C. Premier Anxious About Province’s Softwood Lumber Industry in Trump Trade War

B.C. Premier Anxious About Province’s Softwood Lumber Industry in Trump Trade War

Eby said there are three reasons he is anxious about the industry. One is that President Donald Trump has already stated that the U.S. does not need any Canadian lumber.
Cost of Lumber Rises to Highest Levels Since Covid Pandemic

Cost of Lumber Rises to Highest Levels Since Covid Pandemic

In recent weeks, spot market prices for framing lumber were up 14.9% yearly. Prices have been rising due to three primary factors.
Georgia Builders Brace for Tariffs on Lumber

Georgia Builders Brace for Tariffs on Lumber

Larger companies like the Home Depot have a more steadied approach to the tariffs.
Trump Tariffs on Canada Lumber Could Chop U.S. Wood Supplies

Trump Tariffs on Canada Lumber Could Chop U.S. Wood Supplies

One of the things the Trump administration argues in favor of tariffs is that they will cause production to be based more in the U.S.
Lumber Company in Stuart Destroyed in Massive Fire

Lumber Company in Stuart Destroyed in Massive Fire

When the first responders arrived, they found two structures, multiple trucks and box trailers, and multiple large pallet stacks fully afire.
Expect More Lumber Tariffs if Canada and Europe ‘Gang Up’ on Trump

Expect More Lumber Tariffs if Canada and Europe ‘Gang Up’ on Trump

The new threats come weeks after Wood Central revealed that China had suspended all logs arriving at Chinese ports over fears of bark beetle contamination.
Council Approves Taking of Sterritt Lumber Site, Possible Uses Described in Document

Council Approves Taking of Sterritt Lumber Site, Possible Uses Described in Document

Councilor John Gannon wanted to make sure that utility networks did not include putting up a large cellphone tower.
Proposed Lumber Tariffs Could Tighten the Screws on Rhode Island’s Housing Market

Proposed Lumber Tariffs Could Tighten the Screws on Rhode Island’s Housing Market

It’s now up to state and local officials, along with housing advocates and developers, to make the case for creative solutions.
Canada Announced Fresh Subsidies for Softwood Lumber Producers: U.S. Lumber Coalition

Canada Announced Fresh Subsidies for Softwood Lumber Producers: U.S. Lumber Coalition

The U.S. lumber industry is forced to compete with unfairly traded softwood imports from Canada, funder by their government, it alleged.
Tokenized US Gold Could Ultimately Benefit Bitcoin: NYDIG

Tokenized US Gold Could Ultimately Benefit Bitcoin: NYDIG

It comes amid calls from some for an independent audit of the United States’ gold reserves.
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Scrap Metal Prices

Copper Scrap
Alternator0.39$US/Lb
#1 Copper Bare Bright4.11$US/Lb
Aluminum Scrap
356 Aluminum Wheels (Clean)0.77$US/Lb
6061 Extrusions0.67$US/Lb
Steel Scrap
#1 Bundle360.00$US/MT
#1 Busheling380.00$US/MT
Electronics Scrap

April 9, 2025-North American Scrap Metal Prices Dipped on the Index

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