Metals
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Stelco says measures help steel prices as it focuses on domestic market
US tariffs have helped accelerate the steel maker’s plans to focus on under-served markets in Canada.
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Tariffs still in place, Ottawa to commit up to $90M for Algoma Steel
Funding aimed at new technologies, improving productivity and staying competitive in international markets.
Freeland says Trump metal tariffs ‘contradict’ new NAFTA and will have to go
Canada’s foreign minister says US businesses are on our side.
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Steel, aluminum tariffs impacting one third of Canadian exporters: poll
Tariffs and fear of protectionism are negatively impacting exporters, but USMCA has improved business sentiment.
Metalworking Manufacturing & Production Expo
April 3rd 2019Metalworking Manufacturing & Production Expo, presented by FMA Inc., features automation equipment, industrial, meteorology equipment, machine tools and services.
Stelco shares climb more than 10 per cent as CEO downplays tariff impacts
The Hamilton-based steel producer paid about $39 million in tariffs in the third quarter.
Stelco reports earnings of $125M in Q3, a sharp jump from last year
Volumes shipped by the Hamilton steelmaker surged more than 42% to 586 million tons.
Canada could ratify new NAFTA even if U.S. tariffs stay put: Trudeau [UPDATED]
An end to tariffs on steel and aluminum was not part of the USMCA.
Remove US steel, aluminum tariffs before signing USMCA: Mexican minister
Won’t accept any American proposal to agree to a quota system on metals as a way for the US to remove the duties.
9 people killed in fiery blast at central India steel plant
Explosion was sparked by a fire in a gas pipeline in a coke oven battery complex during scheduled maintenance.
Canadian decision within weeks on steel safeguards: Bains
Government is looking at feedback from recent consultations on how to protect the industry from the risk of cheap steel imports.
Canada’s economy surges in second quarter on higher exports: StatCan
Economy rocketed to an annualized pace of 2.9 per cent in the period from April 1 through June 30.
Statistics Canada says retail sales fell 0.2 per cent to $50.7B in June
Economists had expected an increase of 0.1 per cent in June.
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Feds to launch talks on safeguards to keep steel from flooding into Canada
Consultation period on safeguards will last for 15 days, decision will follow in a few weeks.
US firms seeking Trump’s steel tariff waiver face a backlash
Companies risk being forced out of business if not excused from the 25% tariff.
