Steel Products Prices North America

Oil Workers and Refineries to Resume Negotiations
Written by Sandy Williams
March 2, 2015
The USW reported that U.S. refinery negotiations will resume on March 4. Talks stalled on Feb 20 prompting the USW to enlarge the strike, adding three refineries co-owned by Shell Oil to the walkout. Currently 6,550 workers are now on strike at 15 plants.
“We can confirm that Shell and USW have agreed to speak next Wednesday as both parties continue efforts to reach a mutually satisfactory agreement,” said Shell spokesman Ray Fisher. “No further details are available.”
All refineries, except Tesoro Corp in California, have maintained operations at near normal levels using temporary workers. Tesoro was scheduled for a partial maintenance shutdown before the strike so the company decided to close the entire refinery until the overhaul could be completed.
The USW refinery issues include health and safety, fatigue, inadequate staffing levels and the use of non-union contractors for daily maintenance jobs.
In a letter to union members last week the USW highlighted the need for safer working conditions for refinery workers, noting that in recent years 27 oil workers were killed on the job.
A USW website posting, This is What We’re Fight For, commented, “At the bargaining table, in our communities, and on the picket lines we are fighting for safe refineries, for fair contracts and to make sure that at the end of the shift we are able to come home to our families the same way we left.”

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products Prices North America

SMU Price Ranges: HR slips, hopes for Q4 rebound still standing
SMU’s price ranges were mixed again this week as the market continues to seek a floor amid industry hopes for a Q4 rebound.

Nucor’s hot band list price holds at $875/ton
Nucor held its hot-rolled coil list price flat again this week, according to its Monday, Sept. 15 consumer spot price (CSP) notice.

Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.

SMU Price Ranges: Some predict bottom is near as big discounts dry up
Sheet prices were mixed this week as some mills continued to offer significant discounts to larger buyers while others have shifted toward being more disciplined, market participants said.

SMU Price Ranges: Tags mixed as uncertainty weighs on market
SMU’s hot-rolled (HR) coil price held steady this week while prices for other sheet and plate products declined.