Producers importing cheap wood from Russia John Greenwood, Financial Post
The Russian wood is high quality and it's rapidly winning fans in Canada and the United States. But the practice only adds to a growing glut of lumber that has kept prices low even though the United States is in the midst of a record housing boom.
It's not something the forest companies like to publicize, and for good reason. Georgia-Pacific of Atlanta, for instance, was a founding member of the U.S. Coalition for Fair Lumber Imports, a powerful U.S. lobby that has long railed against the threat to the U.S. industry of low-priced Canadian lumber.
Indeed, the Coalition played a key role in triggering punishing U.S. duties on Canadian softwood. Georgia Pacific confirmed it does import lumber but declined to say how much. Ditto for Weyerhaeuser.