Steel Mills
Allied Tube & Conduit Strike Ended After One Week
Written by Sandy Williams
May 6, 2014
A week-long strike was ended Sunday when steelworkers and Allied Tube and Conduit reached an agreement on a new contract.
USW Local 9777, who have worked without a contract for the past year, accepted the new contract after Allied Tube and Conduit agreed to drop plans to freeze pensions, dictate which jobs employees work, and extend shifts to 10-12 hours. In return the workers will pay higher out-of-pocket health expenses and job descriptions will be reduced from 68 to 42 which will increase worker duties.
The four year contract includes a 2 percent raise and signing bonuses. Some of the 460 striking union members returned to work on Monday to prepare the mill for production and the rest will return on Tuesday.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Explosion rocks ArcelorMittal’s DR plant in Mexico
ArcelorMittal reported a "strong" explosion at the direct reduction part of its massive Lazaro Cardenas mill in Mexico.
SDI to acquire remaining stake in New Process Steel
Steel Dynamics Inc. (SDI) announced that it has agreed to acquire the remaining 55% equity interest in New Process Steel.
North Star results improve despite buyer caution as tariffs drive prices higher
North Star BlueScope said it is optimistic that US tariffs will bolster selling prices and tighten the spread the Australia-based steel maker suffered in 2025.
AISI: Domestic steel production edges down
US raw steel production declined last week, according to the latest data released by the American Iron and Steel Institute (AISI).
Cliffs inks longer-term contracts with US automakers hedging tariff inflation: Report
Cleveland-Cliffs Inc. has reportedly signed "unusually long" fixed-price supply agreements with multiple US automakers.