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Canada - Latest news GMK Center

Photo – Nippon Steel and Sojitz to acquire 49% in Champion Iron project
Nippon Steel and Sojitz to acquire 49% in Champion Iron project

Japanese companies will also share the costs of development and construction

Photo – Canada expects $71 million in annual revenue from tariffs on Chinese steel and aluminum
Canada expects $71 million in annual revenue from tariffs on Chinese steel and aluminum

The new tariffs should compensate for the losses from cheap Chinese imports, promoting the development of local producers

Photo – Canadian steelmakers call on the government to engage in urgent dialogue with the Trump team
Canadian steelmakers call on the government to engage in urgent dialogue with the Trump team

The appeal comes amid Trump's promise to impose additional tariffs on imports from Canada, Mexico and China

Photo – Canada announces the date of implementation of duties on Chinese steel and aluminum
Canada announces the date of implementation of duties on Chinese steel and aluminum

The government of the country published the final list of products from China, which will be subject to an additional duty of 25%

Photo – Canadian steelmakers support duties imposition on Chinese steel imports
Canadian steelmakers support duties imposition on Chinese steel imports

Pipe producer Zekelman Industries joined the statement

Photo – Canadian steelmakers demand urgent action against Chinese dumping
Canadian steelmakers demand urgent action against Chinese dumping

Canadian steel and aluminum producers point out that the United States and Mexico have already taken appropriate measures

Photo – Cleveland-Cliffs to acquire Canadian Stelco for $2.5 billion
Cleveland-Cliffs to acquire Canadian Stelco for $2.5 billion

The deal is expected to close in the fourth quarter of this year

Photo – Canada approves acquisition of Teck Resources coal business by Glencore
Canada approves acquisition of Teck Resources coal business by Glencore

The Swiss Glencore will receive 77% of the shares

Photo – Canada adds iron ore to the list of critical raw materials
Canada adds iron ore to the list of critical raw materials

High-quality iron ore is required for the production of environmentally friendly steel and is an integral part of the decarbonization process

Photo – Canada plans to introduce its own CBAM analog
Canada plans to introduce its own CBAM analog

The country should use low-carbon steel in infrastructure projects, the trade union believes

Photo – Canadian steelmakers are in favor of strengthening protective measures against steel imports
Canadian steelmakers are in favor of strengthening protective measures against steel imports

The industry association called on the authorities to take measures similar to the American ones

Photo – Rio Tinto to receive $13.4 million for decarbonization from the Canadian government
Rio Tinto to receive $13.4 million for decarbonization from the Canadian government

The funds are intended to support the decarbonization of iron ore processing at the Labrador West facility

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