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Stainless steel wire manufacturer Central Wire Industries welcomes potential steel industry help-The 20th China (Guangzhou) Int’l Spring Industry Exhibition
8/17/2018 彈簧展- Spring Industry Exhibition-Spring expo |
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Yahoo reported that a Perth, Ont., manufacturer of stainless steel wire is welcoming the federal government''s study of emergency protective measures for the steel industry as it faces pressure from American tariffs and foreign dumping. Mr Paul From, president and CEO of Central Wire Industries, has been advocating for safeguards for the steel industry. He said that "We''re thrilled. We were hoping this announcement was going to come. From our perspective, it means that anyone who is thinking about just moving large quantities of material into the Canadian market, there may be some ramification to that and to think twice before you do it."
He said he''s seeing large quantities of cheap steel from Asia coming to the market, driving down prices and making Canadian producers less competitive.
On top of that, his clients in the US have to pay a 25 per cent tariff to bring in his products. Mr From said that "If this market gets flooded and inundated with products it just makes our business next to impossible to run. If we can''t compete, it would just mean jobs — for this company and Canada — that would leave."
Central Wire Industries employs 85 people in Perth, producing a stainless steel wire for uses from medical tools to oil and gas extraction.
The plant has been in operation since the 1950s and is also the headquarters of the company, which has plants in the U.S.
彈簧展-2019第二十屆廣州國際彈簧工業展覽會-全球最大彈簧展會-巨浪展覽
-The 20th China (Guangzhou) Int’l Spring
Industry Exhibition
-Spring Industry Exhibition, spring expo, 2019
Spring exhibition, 2019 Spring expo, China Spring exhibition, China Spring
expo, steel spring exhibition, steel spring expo
Source : YAHOO
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