Canada imposes tariff on foreign steel exceeding set limit to protect domestic industry. U.S. raised steel tariffs, impacting Canadian producers. Steel companies seek government support. Canadian Steel Producers Association calls for stricter policies. Algoma Steel Group requests 20% tariff on all steel imports. Industry faces challenges due to U.S. tariffs. Canada imported 8.3 million tonnes of steel in 2024, with 6.4 million tonnes exported to the U.S.
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