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Canada to Make Steel Supply Chain More Transparent

Canada to Make Steel Supply Chain More Transparent - Route Newsletter: April 2024

In a significant move to enhance transparency, the Government of Canada has announced new requirements for steel importers. Starting November 5, 2024, it will be mandatory for importers to report “country of melt and pour” details to the Canada Border Services Agency (CBSA) during their customs declarations. This requirement is part of Canada’s Steel Import Monitoring Program, aimed at providing a clearer picture of the origins of steel imports.

The Honourable Mary Ng, Minister of Export Promotion, International Trade, and Economic Development, stated that this measure intends to fortify the integrity of the Canadian steel market and ensure compliance with international trade regulations. To facilitate a smooth transition, importers are encouraged to start voluntarily reporting this data ahead of the mandatory implementation.

Global Affairs Canada will analyze the collected data. It will publish detailed reports on steel import trends, offering valuable insights into the global steel supply chain dynamics affecting Canada.

For additional details or to discuss how this might impact your business operations, please contact Brian Rowe, Director—Customs Compliance & Regulatory Affairs.

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When time permits, shipping a single 40′ container is always more economical than shipping two 20′ containers.

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