Mill announcements, trade measures, statistics and market moves across the Middle East and the global steel trade.
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27 news items from Canada. Show all
Tenaris has invested USD 8 mln to upgrade safety and boost automation at its Sault Ste. Marie industrial center in Ontario, as part of a broader USD 72.5 mln modernization plan launched in 2024. The investment includes…
Canada Metal Processing Group (MPG Canada) and its subsidiaries, Ivaco Rolling Mills, Sivaco, and Infasco, have announced cost-cutting measures to address market challenges and potential U.S. tariffs on steel. Amid…
Champion Iron Limited has entered into a binding agreement with Nippon Steel Corporation and Sojitz Corporation to jointly develop the Kamistiatusset Project (Kami Project). The partners will initially contribute USD…
Gerdau Whitby recently placed orders with AIC to manage the intermediate drives, finishing drives, and the complete control system for their rolling mill. This project, commissioned in the summer of 2024, achieved a…
Canada will impose a 25pct tariff on Chinese steel and aluminum imports starting October 15, Prime Minister Justin Trudeau announced. China is the third-largest source of steel imports into Canada, according to the…
Algoma Steel Group, a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced its results for the fiscal year ended March 31, 2024. The company reported revenue of CAD 2.795 bln (USD 2…
Algoma Steel Group Inc., a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced results for its fiscal fourth quarter and full year ended March 31, 2023. During the fourth quarter…
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