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Canada's Ontario on Tuesday agreed to suspend its 25 percent surcharge on electricity exports to three US states, after US President Donald Trump's threat to double tariffs on steel and aluminum from Canada.

Trump's latest announcement to double tariffs on Canadian steel and aluminum imports to 50 percent represents a significant increase.

Australian steelmaker BlueScope Steel has announced that the administrators of UK-based steelmaker Liberty Steel Group's

The American Iron and Steel Institute (AISI) reported that for the month of January 2025, U.S. steel mills shipped 7,435,458 net tons.

In the week ending on March 1, 2025, domestic raw steel production was 1,641,000 net tons while the capability utilization rate was 73.7 percent.

To discover new business opportunities, China's foreign trade enterprises are actively expanding into high-growth markets and high-potential industries.

The counter tariffs will remain in place until the US tariffs are withdrawn and not a moment sooner, said Trudeau.

Liu made the remarks at the nation's top political advisory body's press conference on Monday, one day before its annual session.