Canada →supply up
Solution Mining Brine Water (Saskatchewan Potash)
This potash-mining input is sourced entirely from Canada, and the package explicitly aims to shield mining activity, so Canadian availability should be preserved or improved.
80% confidence
Canada →supply up
United States Antimony Corp.UAMY
UAMY says most of its antimony ore comes from one Canadian supplier, so Canada's mining-sector support could keep that concentrated supply flowing and reduce shortage risk.
74% confidence
Iron ore (direct shipping ore & pellets) →Stands to benefit
Canada
Canada is a named target of the tariff-response package and supplies a measurable share of this ore, so Canadian iron-ore producers are plausibly among the beneficiaries.
72% confidence
Canada →supply up
Coal Tar Pitch (Aluminum Smelting Anode Binder)
With 86.5% of supply from Canada, this aluminum-smelting input is exposed to Canadian policy support that could stabilize industrial output tied to auto and metals supply chains.
66% confidence
Canada →supply up
Copper Wire & Rod
Because 81.9% of this input comes from Canada, the tariff-response package could help maintain Canadian copper processing and keep supply more available to downstream users.
64% confidence
Iron ore (direct shipping ore & pellets) →supply up
Steel and iron products
The support package is meant to shield mining outputs, and iron ore is a critical, high-strength input to steelmaking, so more resilient ore supply should ease steel production.
63% confidence
Metallurgical (coking) coal →Stands to benefit
Teck ResourcesTECK.B.TO
As a Canadian coking-coal supplier with an 8% market share and a 4-month replacement lead time, Teck should benefit from tariff relief that supports mining activity and preserves steel demand.
58% confidence
Refractory materials (magnesia-carbon bricks) →Stands to benefit
RHI MagnesitaRHIM
As the largest named supplier of this input, RHI Magnesita should capture a disproportionate share of any tariff-driven increase in refractory demand.
56% confidence
Ferrous scrap steel →Prices rise
Steel and iron products
Ferrous scrap steel is a critical, high-dependency input to steel and iron products, so tariff-driven shifts in steel-sector flows can raise its input cost and push up prices for the downstream good.
56% confidence
Refractory materials (magnesia-carbon bricks) →Prices rise
Steel and iron products
If the tariff shield sustains stronger steel output, mills consume more magnesia-carbon bricks, tightening this critical input and lifting steelmaking costs.
54% confidence
Metallurgical (coking) coal →Stands to benefit
Canada
Canada supplies 8% of metallurgical coal, so a package shielding the mining/steel complex should modestly support Canadian coal output and pricing.
52% confidence
Refractory materials (magnesia-carbon bricks) →Stands to benefit
China
China supplies 65% of this input in the graph, so a rise in refractory demand should disproportionately benefit Chinese supply.
48% confidence
