Tag: Canada

Canada plans to extend tariffs on certain steel and aluminum products for one year, Minister of Finance and National Revenue François-Philippe Champagne announced.

Prime Minister Mark Carney asserted the Canadian and US governments should cooperate more closely on auto manufacturing, steel, critical minerals and aluminum.

Catherine Cobden, President and CEO of the Canadian Steel Producers Association (CSPA) called the past year’s 50% tariff imposed on Canada’s steel exports to the US ‘severe and unsustainable.’ 

AISI's Kevin Dempsey argues USMCA needs stronger rules of origin to strengthen manufacturing.

Canadian Steel Producers Association President and CEO stepping down July 31.

US trade policy is working. Domestic steel production is up, steel imports are down, and members of the Steel Manufacturers Association are leading record investment in safe, modern, efficient steelmaking capacity. It is important that the USMCA review process continues to support these achievements.

The Office of the US Trade Representative (USTR) has announced that the United States and Mexico will be having a series of bilateral negotiating rounds related to the joint review of the US Mexico Canada Agreement (USMCA).

Tenaris, alongside Ontario’s provincial and Canada’s federal governments’ pledge $30Canadian $306 million (USD$221.6 million) to modernize and expand Tenaris’ Ottawa-based industrial center.

Two Ontario-based steel importers and their president have agreed to pay $19 million to settle US allegations that they avoided customs duties on flat-rolled steel by falsely declaring its origin, the Department of Justice said.

inancially burdened Baffinland Iron Mines is applying for shelter from creditors under Canada’s Companies’ Creditors Arrangement Act (CCAA).

Unsurprisingly, the Trump-Xi Beijing summit ended without a major announcement on trade. Behind the celebratory mood and photo-ops are years of economic harm from China’s predatory trade practices that cannot be overcome in a single meeting.

Algoma CEO forges new path against tariff headwinds

The Canada-United States-Mexico Agreement (CUSMA) is envied by many as one of the strongest trading partnerships in the world.

Algoma Steel's loss widened in the first quarter as tariffs and the EAF transition impacted its bottom line.

US steel exports improved in March but remain historically low, having trended lower for over a year now.  

US Commerce Secretary Howard Lutnick said the US should pursue separate, bilateral trade negotiations with Canada and Mexico instead of renewing the US-Mexico-Canada Agreement (USMCA).

The process to reduce Section 232 steel and aluminum tariffs for producers in Mexico and Canada garnered mixed reactions from steel and metals’ supply chain advocacy groups.  

A weekly guest column that examines North American steel issues leading up to the USMCA periodic review in July.

The Canadian government has announced CAD$1.5 billion (USD$1.1 billion) in funding available to help companies impacted by US metals tariffs.

ArcelorMittal’s North American operations posted higher sales results sequentially and year over year (y/y) in its Q1 earnings report.   The North American segment of the Luxembourg-based steelmaker reported 8.3% higher sales in Q1’26 compared with the previous quarter. The steelmaker credits higher average selling prices, up 3.5% from Q4, and a jump in steel shipments, up 5.2%.

US Trade Representative Jamieson Greer said rules of origin will be a major focus of upcoming USMCA review talks.

The Canadian International Trade Tribunal (CITT) determined oil country tubular goods (OCTG) sold by Tenaris S.A. and certain exporters from South Korea, Turkey, and the Philippines are subject to antidumping tariffs.  

Dozens of Canadian United Steelworkers (USW) labor union members lobbied federal politicians on Thursday, April 23 in Ottawa.

Varsteel Ltd said acquiring Pacifica Steel’s structural steel division supports its geographic expansion strategy. 

Core to the negotiations will be the need for a fundamental rebalancing of the relationship between the United States, Mexico, and Canada - especially when it comes to the steel and autos supply chain.

US steel exports held steady from January to February and remain near historical lows.

Canada’s ArcelorMittal Dofasco completed the final push of coke at its No. 3 Coke Plant on April 13. It marks the beginning of a controlled shutdown and the next step in the company’s decarbonization pathway, first announced in 2021.

Canada's Algoma Steel and Roshel Inc. have partnered to form Roshel Algoma Defence (RADS), a sovereign ballistic steel solutions joint venture.

Baker Hughes’ latest report for the week ended April 2 showed the US added five rigs while Canada's count decreased by 11.

Algoma Steel Group Inc. released first-quarter earnings guidance, expecting to report a significant decline in shipments and adjusted EBITDA as the steelmaker continues its transition to electric-arc furnace steelmaking.