Thank you to our panel for your patience this morning as well.
I could probably speak to each witness, ask questions and stuff, but I would like to focus my remarks on Mr. Galimberti from the steel association.
On a personal level, my riding president is a member of the buyers' side, and another good family friend has their own steel company in Brampton. I was speaking to the first individual, who is a buyer of steel, and I asked him this morning, “Are the Chinese dumping steel?” His comment was, in two words, “Big time”, and he gave me an example.
There were 30,000 tonnes of steel destined for our largest trading partner, the United States. The U.S. put duties on steel, so the steel came to Canada and was sitting on our docks. Then the internal price for steel was around $50 cwt, versus what this steel was selling at, which went from roughly $18, from some upward price pressure, to the mid-$30s.
I do get it, I do understand it. The jobs that are generated by all of the steel industry and the ecosystem around are well paying, have good benefits, and are in highly skilled advanced manufacturing, and we need to protect this industry. We know that there are steel producers in the world where there is over-capacity, and they're dumping steel. We know that the steel producers in Canada and the whole ecosystem is much more environmentally friendly than the steel industry back in some of the Asian countries, in China specifically.
Within Bill C-15 there is part 4, division 10, on the Special Import Measures Act. I take it, Joseph, you're familiar with that.