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National Steel Company shares fall 1.35% intraday as Canada imposes limits on steel imports.
ByAinvest
Wednesday, Jul 16, 2025 3:55 pm ET1min read
National Steel Company declined 1.35% intraday, with the Canadian government imposing limits on foreign steel imports and introducing tariffs targeting steel products with Chinese links. This move is aimed at protecting the domestic steel industry from the impact of 50% U.S. tariffs, which has led to a significant reliance on foreign steel for Canada's construction and manufacturing sectors.
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