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

BREAKING NEWS: Trump approves Nippon-U.S. Steel deal
President Trump has approved the sale of U.S. Steel to Nippon Steel, according to an executive order signed on Friday, June 13. Both the Pittsburgh-based steelmaker and the Japanese steelmaker cheered the development.

Nippon exec responds after Trump ‘golden share’ comments: Report
A Nippon executive has hit back regarding the deal for USS following President Trump's talk of a "golden share" on Thursday.

Trump says US government to control 51% share in USS
President Trump says the US government will hold a 51% stake in U.S. Steel after the Nippon deal.

ArcelorMittal plans wire-drawing closure in Hamilton, shifts production to Montreal
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.

USS, Nippon Steel quiet as litigation deadline approaches
There has been little word from U.S. Steel, Nippon Steel, or the White House since President Trump endorsed the companies’ “partnership” on social media and celebrated it at the May 30 rally outside Pittsburgh.