Prime Minister Mark Carney at a steel manufacturing facility in Hamilton, Ont., in July. Carney plans to announce new measures to support the industry Wednesday. Photo by THE CANADIAN PRESS/Chris Young

Prime Minister Mark Carney plans to announce two new measures to help Canada’s struggling steel sector , which continues to face 50 per cent tariffs on its exports to the United States.

The federal government plans to lower the volume of steel that countries lacking a free trade agreement with Canada can import on a duty-free basis and also introduce policies to reduce the cost of steel shipments via rail within Canada.

The announcements will be made Wednesday afternoon, according to a source who was not authorized to speak publicly and was first reported by the Toronto Star.

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