Canada bans aluminum, steel imports from Russia | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
May 13, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, MAY 13, 2025
Canada bans aluminum, steel imports from Russia

Global Economy

BSS/AFP
11 March, 2023, 10:50 am
Last modified: 11 March, 2023, 11:46 am

Related News

  • Poland says Russian secret service behind 2024 fire in Warsaw shopping centre
  • Kyiv says Russia launched more than 100 drones at Ukraine after Moscow's truce ended
  • Putin proposes direct peace talks with Ukraine after three years of war
  • Putin gears up to host world leaders at lavish army parade
  • Putin greets China's Xi at Kremlin

Canada bans aluminum, steel imports from Russia

BSS/AFP
11 March, 2023, 10:50 am
Last modified: 11 March, 2023, 11:46 am
Canada bans aluminum, steel imports from Russia

Canada on Friday announced a ban on imports of Russian aluminum and steel products, with the aim of denying Moscow revenues to fund its war in Ukraine.

The imports were worth almost Can$250 million (US$180 million) in 2021, according to the latest government data.

The ban comes as a 200 percent tariff on Russian aluminum imports announced last month by the United States came into effect, and after the EU already blocked Russian steel products last year.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"Canada, and our partners, have already sanctioned the Russian Central Bank and capped the price of Russian oil and gas," Deputy Prime Minister Chrystia Freeland said in a statement.

"And now, we are ensuring (President Vladimir) Putin cannot pay for his war by selling aluminum and steel in Canada, in coordination with action taken by the United States today."

The ban covers Russian unwrought aluminum, aluminum sheets, and finished products including containers and other household items made from aluminum.

Also prohibited are all primary Russian steel products, including iron and non-alloy steel, semi-finished, and finished products such as tubes and pipes.

Most of Canada's steel imports come from the United States, representing nearly 45 percent of US steel exports, while almost 90 percent of Canada's aluminum production is shipped to its southern neighbour.

World+Biz

Canada / Russia / Aluminium

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational image. Photo: Collected
    World Bank signals $500m budget support for Bangladesh amid IMF uncertainty
  • EC Secretary Akhtar Ahmed holds a press briefing at the EC office in Agargaon, Dhaka on 12 May 2025. Photo: TBS
    EC suspends banned AL's registration, disqualifies for JS elections
  • Office of Dhaka Stock Exchange. File Photo: TBS
    Stocks see slight uptick after CA’s meeting 

MOST VIEWED

  • Chief Adviser Muhammad Yunus holds a high-level meeting on the country's capital market at the State Guest House Jamuna in Dhaka on 11 May 2025. Photo: PID
    Chief adviser orders listing of SOEs, govt-linked MNCs to revitalise stock market
  • Bangladesh Bank. File Photo: Collected
    Govt can now temporarily take over any bank, NBFI
  • Governments often rely on foreign loans. Russia’s loans covered 90% of the Rooppur Nuclear Power plant project's cost. Photo: Collected
    18 engineers of Rooppur Nuclear Power Plant dismissed following week-long unrest
  • Food, fertilisers, raw materials: NBR plans advance tax on 200 duty-free imports
    Food, fertilisers, raw materials: NBR plans advance tax on 200 duty-free imports
  • Solar power project in Chattogram. Photo: TBS
    Govt's 5,238MW grid-tied solar push faces tepid response from investors
  • Photo shows the high-level meeting with the LDC Graduation Committee held at the State Guest House Jamuna on Sunday, 11 May 2025. Photo: CA Press Wing
    CA Yunus urges swift, coordinated action for LDC graduation

Related News

  • Poland says Russian secret service behind 2024 fire in Warsaw shopping centre
  • Kyiv says Russia launched more than 100 drones at Ukraine after Moscow's truce ended
  • Putin proposes direct peace talks with Ukraine after three years of war
  • Putin gears up to host world leaders at lavish army parade
  • Putin greets China's Xi at Kremlin

Features

Stryker was released three months ago, with an exclusive deal with Foodpanda. Photo: Courtesy

Steve Long’s journey from German YouTuber to Bangladeshi entrepreneur

5h | Panorama
Photo: Courtesy

No drill, no fuss: Srijani’s Smart Fit Lampshades for any space

1d | Brands
Photo: Collected

Bathroom glow-up: 5 easy ways to upgrade your washroom aesthetic

1d | Brands
The design language of the fourth generation Velfire is more mature than the rather angular, maximalist approach of the last generation. PHOTO: Arfin Kazi

2025 Toyota Vellfire: The Japanese land yacht

2d | Wheels

More Videos from TBS

Crisis in the Construction of Icebreaker Ships: Extreme Weakness of the United States in the Maritime Industry

Crisis in the Construction of Icebreaker Ships: Extreme Weakness of the United States in the Maritime Industry

2h | Others
Students sing the national anthem in unison in front of the Raju sculpture

Students sing the national anthem in unison in front of the Raju sculpture

2h | TBS Today
Vikram Mishri faces fire after declaring ceasefire

Vikram Mishri faces fire after declaring ceasefire

3h | TBS World
US-China 90-day deal changes stock markets

US-China 90-day deal changes stock markets

4h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net