Steel Mills

Update: Labor Contract Negotiations
Written by Sandy Williams
October 29, 2015
The USW is taking a brief break from talks with US Steel. In an Oct. 27 update, the USW said US Steel continues to demand “major changes to health care benefits that would amount to thousands of dollars per year in added costs” for active works and retirees. The parties also wrangling over contract provisions on overtime, contracting out, transfers, SUB pay, severance and other issues. US Steel is also demanding control over the union’s health and safety representatives.
Negotiations have resumed with ArcelorMittal. The company has initiated open enrollment for 2016 insurance benefits and has shortened the time period for employees to make benefit changes. The USW is annoyed that union input was not sought by ArcelorMittal but has urged workers to make changes to their coverage options or enroll in the Flexible Spending Account if they wish to do so.
“We urge anyone who requests changes to make a copy of the election form, since we cannot trust management,” wrote the USW in an update to members.
The USW members continue to negotiate with Cliffs Natural Resources after agreeing to a one-month extension of their agreement.
No news on ATI. The lockout of 2200 employees has been ongoing for more than two months. ATI says production is at nearly normal levels while using temporary and salaried workers.
Automotive negotiations resulted in a tentative agreement between the UAW and General Motors. Voting by the membership on the proposed agreement will begin on Friday.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.

Ternium posts solid Q2, expects further shipment growth
Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.

Algoma swings to loss on ‘unprecedented disruptions’ and trade barriers
Canada’s Algoma Steel saw a sharp loss in the second quarter amid a continued challenging market environment and “tariff uncertainties.”

Nucor eyes long-term gains amid strong demand and trade enforcement
Resilient demand across its steel product lines, combined with the continued ramp-up of key expansion projects, drove Nucor’s improved financial results and record-setting performance in the second quarter. That’s according to company executives speaking on an earnings conference call on Tuesday.