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Industry committee Inasmuch as there are some contracts, yes, but there is an entirely different corporate governance structure.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee The courts split them.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee Also in Ontario.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee But anyway....
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee Sure. I don't want to come off as obstructionist.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee In general, yes.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee No question.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee Well—
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee Okay, I'll be brief. I was a witness at the public interest inquiry in British Columbia. AltaSteel is a producer of rebar in Edmonton that has increased shipping to northern British Columbia specifically, and demonstrated that at the tribunal. There was a commitment from both ArcelorMittal Long Products in Quebec, and Gerdau here in Whitby, to ship additional rebar.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee To be honest with you, it's not an issue I've had a discussion with U.S. Steel Canada about. They're in the middle of a CCAA sale process, and we're certainly optimistic that the outcome is going to be positive. But they don't have a relationship anymore with the U.S. parent beyond the extension of a couple of different contracts.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee Well, no. To be clear, labour costs in Canada are not ever going to be low enough that they are going to compete with China. The differential is enormous.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee No. We're competitive with China. We operate within the North American market. It's an integrated market between ourselves and the United States. A lot of our value chain efficiencies are crucial there and provide a lot of our operational advantage. Frankly, for the high-quality product we put out, on-time delivery, supply chains, and access to market are key.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee Certainly, we think that steel can contribute to public infrastructure projects. I mentioned engineering demands and continual product improvement specifications in Canada. We feel like we meet those needs. Frankly, I have every confidence in our members as the market evolves to meet those needs on a go-forward basis.
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee I think if the government has commoditized carbon, it should be intellectually consistent in commoditizing carbon when it does its sourcing, right? If you have established a cost and built it into the system in which we are producing, then that product—
May 17th, 2016Committee meeting
Joseph Galimberti
Industry committee Technology and training. Technology is crucial in terms of process modernization, increased productivity, increasingly sophisticated product, and increasingly complex demands from the customer. Training—better equipping folks on the floor to undertake those processes—has been critical.
May 17th, 2016Committee meeting
Joseph Galimberti