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The steel division, which employs 26,000 people, has been weighed down by soaring energy bills, rising interest rates and chronically low steel prices. 

Mexico is looking to apply tariffs of as much as 50% on cars and auto parts, as well as steel and textiles from China and other countries with which it does not have a trade agreement.

A U.S. metals company signed a $500 million investment deal with Pakistan on Sept. 8.

Aluminum producers in Quebec are diverting more of the metal used to make cans and car parts to Europe as rising U.S. tariffs make their shipments more expensive for American customers.

Canada has put 25% tariffs on Chinese steel and last month tightened its tariff-rate quotas to further restrict imports from countries with which it doesn’t have a free-trade deal.

Japanese steelmaker Nippon Steel acquired the company in June, and vowed that steelmaking would continue in Pennsylvania's Mon Valley. 

General Motors is one of the carmakers to agree to a multiyear pact.

The notoriously combative U.S. executive and vocal public supporter of President Donald Trump said July 21 that Carney and his cabinet should enact “significant” trade protections.

Canada will reduce the amount of foreign steel importers can bring into the country tariff-free, a move to help domestic producers suffering from President Donald Trump’s levies.

A group of Canadian steel producers said the government’s plan to restrict foreign steel imports isn’t strong enough and warned that the industry is set to shed thousands more jobs.