Company is investing $50.7 million in three facilities, creating 86 jobs.
Steelmaker cites destocking, falling market prices and the 232 tariffs imposed by the US.
Repayable loan will be used to purchase and install digitally controlled production equipment.
Steel company will acquire equipment to implement a new cathode plate manufacturing process and automate production.
Department of Commerce determined Canadian exports do not warrant the tariff.
President’s tunnel vision alienates Western allies who have common cause in the challenges posed by China.
United Steelworkers called removal “good news” but wants stronger measures to protect Canadian steel.
To be removed within two days, Canada to drop all of retaliatory measures and legal actions at the WTO.
US moving off quotas, officials are encouraged but any deal must still get by Trump.
Foreign Affairs minister expressed optimism over incremental progress, but no indication of a resolution close at hand.
Close to an “understanding” about finally lifting the 25% duty on steel and 10% levy on aluminum imports.
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.
Foreign minister pressed U.S. Secretary of State Mike Pompeo for tariff removal during their Wednesday-night meeting in Washington.
Nucor CEO and president said the project will create about 400 jobs.