Posted on 01 Oct 2024
Members of the Canadian Steel Producers Association (CSPA) have signed an appeal supporting the introduction of targeted tariffs on steel imports from China. This is stated in the message of the industry organization.
According to the declaration, the industry recognizes the efforts to implement a proactive approach to protect the steel industry from unfair trade practices and to coordinate measures with the country’s most important trading partner, the United States.
“These tariffs are critical to maintaining a fair and secure supply of steel across North America. Our members, who play a vital role in Canada’s manufacturing sector, fully support and appreciate the efforts of the government and parliamentarians to protect the jobs, families and communities that rely on a vibrant and strong Canadian steel industry,” said Catherine Cobden, CSPA President and CEO.
Zekelman Industries, the largest independent steel pipe producer in North America, has joined the company. According to Barry Zekelman, the company’s CEO, Canada must protect its workers and communities from high-carbon steel imports from China while continuing to prioritize its domestic economy and trade relations.
In addition, the statement said, Zekelman supported the CSPA in calling on Canada to continue to join the United States and Mexico Trade Partners (CUSMA) to protect North America from the prospect of being a destination for unfairly priced high-carbon steel imports. The company continues to advocate for measures to protect against duty evasion through false country of origin labeling and substantial transformation.
In August 2024б the Canadian government announced its intention to impose a 25 percent tax on imports of steel and aluminum from China. Subsequently, China filed a complaint with the World Trade Organization, opposing this step.
In early August, Canadian steel and aluminum producers called on the government to impose new duties on Chinese products as soon as possible. They claim that metal from this country has flooded the local market and threatens jobs.
Source:GMK Center
