India–US Trade Tensions Rise Over Steel and Auto Tariffs NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
At the Steel Town Summit, industry leaders strongly encouraged Canada’s transport sector to prioritize domestically produced steel and aluminium. The call aims to strengthen national supply chains, support local jobs, and reduce reliance on foreign imports.
Boosting Local Industry: Advocates emphasized that using Canadian steel and aluminium ensures higher quality, sustainable production, and fair labour practices.
Securing Supply Chains: Prioritizing domestic materials would shield the transport sector from global price volatility and trade disruptions.
Green Transition: Canadian producers highlighted their commitment to lower carbon footprints, aligning with the transport sector’s clean energy and sustainability goals.
The summit concluded with a collective message: strengthening the bond between Canada’s transport and steel/aluminium industries is vital for economic growth and long-term resilience.
Also Read : SAIL's Rourkela Steel Mill Begins Construction of New Pellet Plant Germany Passes Carbon Storage Law to Secure Climate Neutrality
Beijing urges the European Union to scrap its preliminary tariffs on Chinese electric vehicles (EVs)...
Automobiles 24-Jun-2024
Germany to Negotiate Steel Quotas with U.S. to Ease Tariffs German Chancellor Friedrich Merz has an...
US 02-Aug-2025
According to Steel Secretary Nagendra Nath Sinha, the government is developing a program to encour...
Notification 17-May-2024
According to a company statement, Japanese automaker Nissan Motor Co Ltd plans to launch three compl...
Automobiles 27-Mar-2024
Measures such as fiscal incentives, investments in technology and infrastructure, mining operations...
Raw Material 19-Feb-2024
India Proposes Doubling Retaliatory Tariffs on US Over Steel, Aluminium Duties India has proposed d...
Announcement 14-Jul-2025