Steel Mills

ArcelorMittal Accepts "Continue to Work" Agreement
Written by Sandy Williams
September 2, 2015
On Monday, Aug. 1, ArcelorMittal accepted the USW offer to continue to remain at the negotiation table under a “continue to work agreement.”
“We believe this “continue to work agreement” provides the fullest opportunity to resolve our differences and demonstrates both parties commitment to negotiating in good faith to achieve a mutually beneficial agreement and thereby avoid a work stoppage,” wrote ArcelorMittal USA in a statement.
According to the agreement, either party could issue a 48-hour notice for a strike or lockout if contract talks should break off. A deadline for a contract resolution has not been set.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

AISI: April mill shipments fall, sheet down YTD
US steel mills saw a decline in shipments from March to April.

Hybar rolls first rebar, ramping up Arkansas mill commissioning
The startup steelmaker produced its first rebar at its greenfield steel mill in Osceola, Ark., marking a key milestone by completing construction in 22 months.

Goncalves: Despite higher tariffs, two Cliffs mills to remain idled
Cleveland-Cliffs Chairman, President, and CEO Lourenco Goncalves said he would keep one mill idled and still plans to idle another despite increased protections from Section 232 tariffs doubling to 50%.

Trump says Section 232 tariff on steel, aluminum to double to 50% at Pennsylvania rally celebrating Nippon-USS deal
At a rally celebrating a “planned partnership” between U.S. Steel and Nippon Steel, President Trump announced higher tariffs on steel and aluminum imports into the United States, and revealed few more details on Nippon’s investment in USS’ operations.

CRU: Trump hails a partnership of Nippon with USS
In a social media post, President Donald Trump said a planned partnership between Nippon Steel and U.S. Steel will add $14 billion to the US economy and ensure USS remains headquartered in Pittsburgh.