The Canadian Steel Producers Association is urging all members of the House of Commons and the Senate to quickly ratify the new North American Free Trade Agreement.
The new Canada-US-Mexican Trade Agreement is seen as critical in ensuring market access in the face of persistent global trade challenges and uncertainty.
Algoma Steel CEO Mike McQuade says dumped and subsidized steel imports remains an ongoing issue for the local steelmaker and the new trade deal allows for more cooperation and information sharing between governments in addressing the issue…

McQuade says Algoma currently has 7 active trade dispute cases involving steel plate and a number of hot-rolled cases.
A key provision of the new trade pact is the strengthening of North American steel content requirements and McQuade says for auto manufacturers in North America it will mean a phased in 70% requirement…

Auto manufacturers in North America will need to meet a 70% requirement.