Steel
Heico gets $18M federal funding to diversify product mix
Company is investing $50.7 million in three facilities, creating 86 jobs.
Stelco Holdings Q2 revenue down on lower prices, market challenges
Steelmaker cites destocking, falling market prices and the 232 tariffs imposed by the US.
Sheet metal processor gets $365,000 CED funding for productivity
Repayable loan will be used to purchase and install digitally controlled production equipment.
Groupe Tremblay gets $925,925 in federal steel innovation funding
Steel company will acquire equipment to implement a new cathode plate manufacturing process and automate production.
US to apply tariffs to Mexican fabricated steel imports
Department of Commerce determined Canadian exports do not warrant the tariff.
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Trump’s steel and aluminum tariffs are lifted, but tactic failed
President’s tunnel vision alienates Western allies who have common cause in the challenges posed by China.
Experts weigh in on lifting of tariffs on Canadian steel, aluminum
United Steelworkers called removal “good news” but wants stronger measures to protect Canadian steel.
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UPDATE: Steel and aluminum tariffs are lifted
To be removed within two days, Canada to drop all of retaliatory measures and legal actions at the WTO.
Canada-US breakthrough on cheap foreign steel could end tariffs
US moving off quotas, officials are encouraged but any deal must still get by Trump.
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Freeland leaves DC with no tariff deal, despite early US optimism
Foreign Affairs minister expressed optimism over incremental progress, but no indication of a resolution close at hand.
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End of US tariffs on Canadian, Mexican steel, aluminum close: Mnuchin
Close to an “understanding” about finally lifting the 25% duty on steel and 10% levy on aluminum imports.
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Stelco buys remaining 37 acres next to Hamilton Works
Plans to capitalize on the demand for industrial lands in the Greater Toronto and Hamilton Area.
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Stelco pushes PM for help dealing with ‘changing landscape’ for steel
Emergency import restrictions on seven products that posed a “serious threat” to Canada’s steel industry are about to expire.
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U.S. no longer needs ‘improper’ metal tariffs as negotiating tactic: Freeland
Foreign minister pressed U.S. Secretary of State Mike Pompeo for tariff removal during their Wednesday-night meeting in Washington.
Steel producer Nucor to build US$1.3B mill in rural Kentucky
Nucor CEO and president said the project will create about 400 jobs.
