Carlos Osorio/Reuters

Industry Minister Mélanie Joly is indicating that a crackdown on dumping of cheap foreign steel into Canada is coming soon– a move that will help cushion the blow for Canada’s big three steel producers that are grappling with U.S President Donald’s Trump’s 50-per-cent tariffs.

Algoma Steel Group Inc. chief executive Michael Garcia has argued on multiple occasions that mills from China, South Korea, Malaysia, India, Vietnam, the Middle East and Turkey regularly dump steel into Canada and make it nearly impossible for the company to compete in its home market. In meetings with federal politicians over the past few few days, he’s pleaded for Canada to immediately place tariffs on all of these countries.

In an interview with The Globe and Mail, Ms. Joly said that she’s heard the message loud and clear and strongly hinted that action is coming on dumping.

“Our goal is to make sure that we protect our jobs, and therefore we need to protect our market, and we won’t accept any form of unfair trade practices. We need to counter dumping period,” she said.

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