According to data from Statistics Canada, the country’s iron and steel imports totaled 1.38 million mt in January 2026, down by 61.2 percent year on year. By value, iron and steel imports totaled $755.39 million in January 2026, compared to $884.85 million in the same month of 2025.
In the given month, Canada imported the most iron and steel from the US with 263,833 mt. Other top sources of imported iron and steel in January include China with 80,252 mt.