Federal trade data for 2026 indicates that American producers provide more than half of the galvanized and coated steel imported into Canada. The statistic calls into question Cleveland-Cliffs' assertion that inexpensive overseas steel is the primary driver of recent layoffs at Stelco.
The figures underscore the reliance of the Canadian market on U.S. steel for these specific products, a point highlighted amid broader debates over foreign dumping and the recent job reductions at Stelco.