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International Trade committee Sure we can. Yes.
October 18th, 2018Committee meeting
Barry Zekelman
International Trade committee We've put in exclusion requests for a product that isn't produced here, and there is some movement on it. We've obtained exclusions on certain products. At the end of the day, you don't want to cost the consumer money and make them uncompetitive, so we have achieved that. The p
October 18th, 2018Committee meeting
Barry Zekelman
International Trade committee Sure. Look at the hot-rolled coil, cold-rolled coil or galvanized coil that floods into Canada. You should put a quota on that product category—not necessarily a country, but that product category. Let's say a million tonnes of hot rolled coil comes into this country, but we have
October 18th, 2018Committee meeting
Barry Zekelman
International Trade committee First off, it's one facility that we have closed in Welland.
October 18th, 2018Committee meeting
Barry Zekelman
International Trade committee Our other facility is running. The problem is that he's sourcing steel out of Canada. Our market that we would supply out of that Welland plant is flooded with imports from Thailand, Vietnam and Korea. Until those imports disappear, we don't have any volume to open that plant.
October 18th, 2018Committee meeting
Barry Zekelman
International Trade committee There are no tariffs on that product. There are none.
October 18th, 2018Committee meeting
Barry Zekelman
International Trade committee The other thing I'd like to add is, yes, steel prices have increased, and there was an immediate shock to that. Remember, I'm a steel consumer, not a producer. We buy $450 million worth of steel a year in Canada. We're the largest steel buyer in Canada, larger than any automotive
October 18th, 2018Committee meeting
Barry Zekelman
International Trade committee Unfortunately, I've spent way too much time in front of trade committees and tribunals. Hopefully, we can resolve that. Thank you for taking the time today. I'm pleased to be before the committee to help in this important task of examining North American and global steel trade i
October 18th, 2018Committee meeting
Barry Zekelman