United Steelworkers called removal “good news” but wants stronger measures to protect Canadian steel.
Plans to capitalize on the demand for industrial lands in the Greater Toronto and Hamilton Area.
Emergency import restrictions on seven products that posed a “serious threat” to Canada’s steel industry are about to expire.
Salaries will increase by an average of least 2.55% annually over a six-year collective agreement.
Commerce Department approved exemption requests from 370 companies for up to 4.1 million tons of foreign steel.
Volumes shipped by the Hamilton steelmaker surged more than 42% to 586 million tons.
Letter notes no tariffs or quotas are needed because of action already taken by the three countries.
Will begin taxing US imports worth $3.4 billion in response to Trump’s tariffs on European steel and aluminum.
Companies are feeling the fallout of higher metals prices and trade retaliation.
Employees at its Terrebonne plant have seen their working hours cut 40% to 60%.
Exemptions expire June 1 on import duties of 25% on steel and 10% on aluminum.
EU has threatened to impose retaliatory tariffs on US orange juice, peanut butter and other goods in return.
Much of the growth came from price appreciation but volumes were up.
Several cabinet ministers, Liberal MPs have also visited Chicoutimi-Le Fjord to distribute millions of dollars in funding to local businesses.
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