Canadian Roshel has partnered with a Swedish company to produce ballistic protection steel

Thanks to the agreement, Roshel will be able to produce ballistic steel in Canada using Swebor's intellectual property.

Ballistic steel is known as a relatively light and hardened special type of steel that provides protection against threats such as explosions and bullets.

Roshel CEO Roman Shimonov said that despite Canada's large steel production, there is no local facility that can supply the ballistic steel needed for armored vehicles and unmanned aerial vehicles. Shimonov said, “This is an incredible situation. Canada has resources similar to the oil industry, but we cannot process them.”

Shimonov also noted that the lack of domestically produced ballistic steel poses a problem for local defense companies, forcing them to import the specialized steel for their vehicles and ships from the US, Europe, and Australia.

Shimonov said, “We are experiencing a bottleneck in ballistic steel. Even when an urgent need arises, we have to procure it a year in advance. Governments do not plan years in advance. You don't know how many vehicles or products will be ordered next year.”