节点：中游（冶炼、中间品）位置：中游情绪：利空参考度：4/10
加拿大总理马克·卡尼近期宣布旨在扶持本土钢铁产业的系列政策举措，以缓解当前贸易摩擦及美国关税带来的经营压力。新规将通过进口配额调整与关税壁垒手段限制外部供给，为国内钢铁企业拓展发展空间。进口配额方面全面收紧：非自由贸易协定成员国的钢铁进口配额将从2024年基准水平的50%缩减至20%，配额外进口继续适用50%附加关税；自贸伙伴配额比例从100%下调至75%，超额部分同样征收50%关税；美墨两国则继续享受美墨加协定框架下的关税豁免待遇。
自今年12月26日起，加拿大将对所有国家的钢铁衍生品全面加征25%关税。首批征税清单涵盖非合金钢、紧固件（钉子、螺丝类）、结构件（预制建筑构件、风电塔筒等），涉及进口规模超100亿加...铝产品关税，主要覆盖医疗、国家安全、制造业及食品包装等关键供应链物资。
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