Industry
Metals
Locweld awarded $50M contract for steel transmission towers
Destined for Hydro-Québec’s new 735 kV Micoua-Saguenay line.
US companies seeking tariff relief faced red tape, delays
Commerce Department was overwhelmed by companies lobbying to avoid the tariffs, could not meet its own deadline.
US abruptly lifts tariff aimed at Canadian alumunium
…but they’re still on the table, as are threatened Canadian countermeasures.
E2Metrix technology gets $4.5M boost from Natural Resources Canada
Ecothor will help clean out contaminants and solids, recycle mining wastewater.
Rio Tinto CEO loses $3.5M over destroyed indigenous sites
Follows the destruction in May of two 46,000-year-old rock shelters in Juukan George in Western Australia state.
$5M from feds to ensure better traceability of aluminum
Follows 10% tariff slapped on Canadian aluminum by the Trump administration.
58% of Americans oppose Trump tariff on Canadian aluminum: survey
Polling firm Leger says numbers reflect a lack of a clear rationale for the action by the mercurial US president.
Feds invest $98M for the minerals and metals sector
The feds are supporting the Geo-mapping for Energy and Minerals program and the Targeted Geoscience Initiative
PM to Trump: Return of NA economy will negate need for tariffs
He said Canada’s aluminum smelters would soon be back producing value-added specialty products for the American auto sector.
Canada’s response on tariffs won’t be bound by USMCA: negotiator
Trade negotiator Steve Verheul says what actions Canada takes depends on what the US does.
Feds to push back against any new US tariffs on aluminum: Duclos
Bloomberg says the Trump administration plans to impose a 10% tariff on imports from Canada.
Stelco reports Q4 loss on challenging market conditions, steel price drop
Average steel selling price for the quarter was down 28% compared with last year.
Samuel acquires 100% of additive maker Burloak Technologies
Metals and industrial products manufacturer acquired its Burloak minority stake in 2017.
Feds invest in digital tracing for steel supply chain
Funding for two firms will support a proof of concept for a using blockchain and artificial intelligence.
US confirms fabricated steel from Canada dumped, but not subsidized
Investigation is over, no countervailing duties will be collected but injuries to be assessed.
