Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
The Canadian government is preparing measures to support the domestic steel industry as it faces pressure from tariffs imposed by the United States.
Officials noted that Canada’s steelmakers are struggling with reduced export competitiveness and rising uncertainties in cross-border trade. The planned support package is aimed at protecting jobs, stabilizing operations, and ensuring the long-term resilience of the sector.
The move comes as part of broader efforts by the government to defend key industries affected by global trade disputes. Canada’s steel sector, a vital contributor to the national economy and infrastructure development, has been particularly exposed to external tariff actions.
Industry representatives have welcomed the proposal, emphasizing that timely intervention is crucial to maintain competitiveness and protect supply chains.
Also Read : US Imposes 104% Tariff on Chinese Goods, Reciprocal Duties Kick In Global Steel Capacity to Rise by 165 MT by 2027, West Raises Concerns
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