HCC Weighs in on Steel Tariffs and Countermeasures 

· by b.caramento@hamiltonchamber.ca

The Chamber sent a letter to Minister Morneau, expressing our support for the Canadian steel industry and the thousands of workers it employs in Hamilton and across Canada.
We asked the minister to use his authority to impose final safeguard measures, prior to their expiry on May 13, 2019, for the seven steel products that have been subject to provisional safeguard measures since October 2018.
See the full letter below:
Minister Morneau,
I am writing to express my support for the Canadian steel industry and the thousands of workers it employs
in Hamilton and across Canada. Specifically, I am asking that you use your authority to impose final safeguard
measures for the seven steel products that have been subject to provisional safeguard measures since
October 2018.
Since the provisional safeguards came into force, they have largely stabilized the Canadian steel market and
limited the amount of steel being diverted to Canada while minimizing impacts to steel customers. It is vital
that safeguards remain in place for three years in order to ensure the long-term viability and growth of the
Canadian steel industry, as they continue to face significant pressure from disruptions in global steel markets
caused by overcapacity, U.S. trade actions and safeguard measures initiated by other countries.
We disagree with the April 3, 2019 recommendations of the Canadian International Trade Tribunal (CITT). It is
well known that Canada is one of the most trade-exposed steel markets in the world. In addition to recent
trade disruptions, the industry is dealing with massive volumes of excess steel capacity around the globe. The
volume of surplus steel that could be produced and shipped into the Canadian market has the potential to
not only injure the domestic producers, but threatens to eliminate them from the market. The imposition of
final safeguard measures for all seven steel products would stabilize the market and help protect thousands
of middle class jobs and the more than $1.1 billion in strategic investment currently planned by domestic
steel makers.
The continuation of safeguard measures for hot-rolled sheet, pre-painted sheet and rebar is particularly
important for the Hamilton region. ArcelorMittal Dofasco, Stelco and Max Aicher North America (MANA)
produce these steel products, and they directly employ over 7,000 employees and indirectly support over
20,000 employees in the Hamilton and surrounding area. In short, they are critical to our community.
We believe it is important that stability be introduced to the domestic industry during these uncertain times
and implore you to use your authority to implement final safeguard measures prior to the expiry of
provisional measures on May 13, 2019. This course of action is in the best interest of workers, the steel
industry, and the broader Canadian economy.
Regards,
Keanin Loomis
President & CEO