Thank you for that question. It's always great to connect with an MP from Hamilton.
The discussion around the EU CBAM and, of course, the threat of tariffs coming out of the United States continue to raise a question about whether the Canadian steel industry can grow market share in Europe. I hear that as well in your question—trend lines.
We don't anticipate significant growth in the European market for Canadian steel. The reason for that is multifold. There's a large existence of overcapacity in the world, and they're already well into the European market. As well, they have their own domestic producers, so we don't see growth in the EU. That 0.1% is likely to stay about that. By the way, that goes back as a trend line for many years. It's not a new phenomenon.
As far as the U.S. goes, I think a lot of that is unknown at this point. We do require and rely on access to the U.S. market for 50% of our production. We maintain that needs to be far and away our most significant priority. That trend has been around for some time, and we hope it continues into the future.