#Latest news with #MetalsIndustryWall Street Journal8 hours agoBusinessWall Street JournalCanada Considers ‘Buy Canadian' Policy for Steel, AluminumOTTAWA–Canadian officials are considering requirements that would compel government-funded infrastructure projects and defense-procurement agreements to use domestically made steel and aluminum, according to Industry Minister Melanie Joly. Joly said Tuesday this policy would help spur longer-term demand for Canadian steel and aluminum producers, which now face a squeeze with the U.S. levying a 50% tariff on the imported metals. She added that the government would use the tools available to protect jobs in the metals industry.
Wall Street Journal8 hours agoBusinessWall Street JournalCanada Considers ‘Buy Canadian' Policy for Steel, AluminumOTTAWA–Canadian officials are considering requirements that would compel government-funded infrastructure projects and defense-procurement agreements to use domestically made steel and aluminum, according to Industry Minister Melanie Joly. Joly said Tuesday this policy would help spur longer-term demand for Canadian steel and aluminum producers, which now face a squeeze with the U.S. levying a 50% tariff on the imported metals. She added that the government would use the tools available to protect jobs in the metals industry.
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