Global Affairs Canada announced that Canada will make its steel supply chain more transparent by collecting and publishing more information on steel imports, notably on “country of melt and pour” information.
As part of a phased-in approach, steel importers now have the option under Global Affairs Canada’s Steel Import Monitoring Programme to provide country of melt and pour information to the Canada Border Services Agency through customs declarations.
This process will ensure Global Affairs Canada is working with the steel industry to support an effective and smooth transition to mandatory reporting beginning November 5th, 2024.
The Government of Canada is implementing its phased-in approach to collecting country of melt and pour information following public consultations with steel industry stakeholders in 2022. In the coming months, stakeholders will have a further opportunity to provide input on related upcoming regulatory changes.
Currently, the United States is the only other country in the world that collects country of melt and pour information for steel imports.
In 2022, the Canadian steel industry employed nearly 23 600 workers and contributed over $4.5 billion to Canada’s gross domestic product.
The Steel Import Monitoring Programme supports the timely publication of data on the type, quantity, origin and value of steel imports and is a source of preliminary information to track possible trends in real time. In 2023, more than 373 000 steel import transactions were monitored under the Programme.
The Government of Canada is implementing its phased-in approach to collecting country of melt and pour information following public consultations with steel industry stakeholders in 2022. In the coming months, stakeholders will have a further opportunity to provide input on related upcoming regulatory changes.