Posted on 30 Sep 2024
Thirteen members of the Canadian Steel Producers Association (CSPA) have signed a declaration calling for Canada to implement “targeted tariffs” on imports of steel from China, Kallanish reports.
The Canadian mills allege that excess capacity in China has led to unfair trade practices. They urge their government to keep pace with ongoing measures taken by the US.
“These tariffs are critically important to supporting a fair and secure supply of steel throughout North America,” contends Catherine Cobden, the association’s president and chief executive. “Our members, who play a significant role throughout Canada’s manufacturing sector, are completely aligned and are appreciative of the efforts of the government and all parliamentarians in protecting the jobs, families and communities that rely on a vibrant and strong Canadian steel industry.”
Last month, the Canadian government announced that it intends to enact a 25% surtax on imports of steel and aluminium products from China (see Kallanish 26 August). China subsequently filed a complaint with the World Trade Organisation (WTO) opposing the move, with the China Iron and Steel Association arguing that Canada’s unilateral tariffs would break its WTO commitments (see Kallanish 9 October).
In a separate statement, Zekelman Industries chief executive Barry Zekelman urges the US, Canada and Mexico to unify their stance in establishing equal and effective tariffs on incoming Chinese goods and to aggressively thwart circumvention. He cites environmental concerns in addition to economic ones.
"We call upon the Canadian government to enact these tariffs as quickly as possible because the livelihoods of our fellow countrymen depend on it," Zekelman writes. "We must protect our workers, families and communities from these high-carbon steel imports from China, while continuing to prioritise our domestic economy and trading relationships."
Zekelman advocates for “remedies against circumvention of duties through false country of origin labeling and substantial transformation.”
Zekelman signed the CSPA’s declaration, along with executives from Algoma Steel, Finkl Steel, AltaSteel, Gerdau North America, ArcelorMittal Dofasco, Ivaco Rolling Mills, ArcelorMittal North America, Nova Steel, Stelco, Evraz North America, Tenaris and Valbruna ASW.
Source:Kallanish
