I do not agree that the price of steel is going up everywhere. What I said is it that the Canadian steel market is affected by the increase in price of steel from the United States. The Europeans who export to Canada have taken advantage of that increase to put up the price of their steel coming into Canada. The price on the European market, before it is imported to Canada, is about $0.60 per pound, which, in my opinion, is the world market price. Once it gets to Canada, steel costs between $0.90 and $1 per pound.
On October 16th, 2018. See this statement in context.