Steel Mills
AK Steel Union Ratifies Contract at Ashland, Kentucky Works
Written by Sandy Williams
December 13, 2014
Members of USW Local 1865 have ratified a new contract at AK Steel. The 42-month labor agreement covers more than 800 hourly and maintenance employees at Ashland, Kentucky Works. The new contract will take effect on March 1, 2015 and expire Sept. 1, 2018.
“We are pleased that members of Local 1865 have ratified a new labor agreement at our Ashland Works well ahead of the expiration date,” said James L. Wainscott, Chairman, President and CEO of AK Steel. “This early agreement continues to provide a competitive contract for AK Steel and our Ashland Works employees.”
Ashland Works recently had their blast furnace (named Armada) return to full operation after having had the hearth relined. The 2,000,000 tons per year of pig iron production (approximately 2.1 million net tons of steel production through the BOF) coming back to full production along with furnaces at US Steel and ArcelorMittal has been one of the reasons why the current market is a little weaker than what we saw this time last year.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
AHMSA drama deepens as drawn-out bankruptcy slowly progresses
A former CEO goes to court for swiping tin. An OEM distributor slams the bankruptcy trustee for failing workers and creditors. The steelmaker fires back. Angry employees demand back pay as tensions rise in Monclova's steel saga.
Cliffs aligns with US critical mineral policy, moves forward with DOE-funded projects
Cleveland-Cliffs is positioning itself as a key player in America’s push for industrial independence.
SDI execs tout progress on Mississippi biocarbon facility
SDI shipped the first product from its biocarbon facility in Columbus, Miss., in September as the project continues to accelerate.
SDI profits soar in Q3’25 amid ‘record’ steel shipments
Steel Dynamics Inc.’s third-quarter profits jumped year over year as the company saw “record” quarterly steel shipments
Cliffs leans hard into auto after aluminum supply chain shock
Cleveland-Cliffs executives pointed to growing automotive demand as the engine driving a turnaround at the company.