Steel Products
United Steelworkers Reach Agreement with AK Steel Ashland
Written by Brett Linton
August 12, 2013
PITTSBURGH, Aug. 9, 2013 — /PRNewswire-USNewswire/ — The United Steelworkers (USW) have reached a tentative agreement on a new contract with AK Steel covering 860 workers at the steelmaker’s Ashland, Ky., facilities.
The agreement, subject to ratification from the members of USW Local 1865, would be in effect for 18 months, through March 1, 2015. The current agreement is scheduled to expire on September 1.
“This agreement represents a step forward for the workers at Ashland, and provides some stability for them and their families,” said USW International Vice President Tom Conway. “It’s a short-term agreement, but that approach made sense given the current market conditions.”
Specific details of the contract will be withheld until USW members are able to review and vote on the agreement. The union’s bargaining committee has voted unanimously to recommend ratification, and members are scheduled to vote by Aug. 20. (Source: USW)

Brett Linton
Read more from Brett LintonLatest in Steel Products
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]

Steel buyer spirits tempered by soft spot market conditions
Steel sheet buyers report feeling bogged down by the ongoing stresses of stagnant demand, news fatigue, tariff negotiations or implementation timelines, and persistent macroeconomic uncertainty.

CRU: US stainless prices to rise on expanded S232 tariffs
Stainless prices in the US market will rise, following price increases by major US producers. Our base case scenario incorporates higher US prices in the near term, despite the initial negative reaction by the market. US stainless prices will go up in 2025 H2 and will stay elevated in 2026 as tariffs on stainless […]

Galvanized steel demand unsteady amid lingering buyer fatigue: HARDI
Uneven demand for galvanized steel in June reflects a market that remains mired in uncertainty, according to industry sources.

OCTG industry salutes Customs for catching trade crooks
The US OCTG Manufacturers Association is commending US Customs for intercepting another Thai company's attempt to illegally transship Chinese oil pipe to the US.