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New regulations for steel importers to improve transparency: Sheehan
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New regulations for steel importers to improve transparency: Sheehan

Effective today, federal regulations requiring steel importers to declare the country of smelting take effect.

From today, steel importers are required to declare in which country the metal was smelted.

Sault Ste. Marie, Terry Sheehan, MP, says new federal regulations will increase transparency in the domestic supply chain.

Read Sheehan’s full statement below:

Starting today, federal regulations requiring steel importers to declare the country of smelting take effect. In addition to the recently announced tariffs on steel made in China, these measures are part of the steps our government is taking to protect our steel-producing industries in Canada by improving transparency of the origins of steel within our supply chains. national supplies.

“By increasing the transparency of the domestic supply chain for steel imports and providing a more complete picture of the origin of imports, these regulations will support and promote fairer trade,” said Catherine Cobden, president of the Canadian Steel Producers Association. “CSPA is grateful for the actions taken by the Canadian government to protect our industry and for aligning with our largest trading partner, the United States, to ensure the strength and stability of the northern supply chain -American.”

Countries like China – which deliberately overproduce to influence global markets – are harming our steel industry and impacting jobs within the industry. When I was first elected, this was the norm in the industry after ten years of the Harper/Poilièvre government. Since then, we have continued to support and rebuild the steel industry, helping producers like Algoma Steel and Tenaris modernize and fighting unjustified tariffs. These new rules coming into effect today are another example of how our government has always stood and will always stand with steel producers and workers.