Steel Mills

Strike at ArcelorMittal Lazaro Cardenas Ends
Written by Sandy Williams
March 15, 2016
ArcelorMittal and the Mexican Mining and Metal Workers Union have reached an agreement to end a strike at the company’s Lazaro Cardenas steel mills.
In negotiations mediated by the Labor Ministry, ArcelorMittal agreed to relocate 125 workers following the recent closure of a coke plant and pay severance to 81 others, and to extend for another year an agreement over the use of third-party contract workers, according to a ministry press release.
The agreement was unanimously approved by the workers who resumed working on Monday. ArcelorMittal also agreed to pay worker wages for the duration of the strike period which began March 4. The union and company will meet again in two weeks to discuss other pending labor issues.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant

ArcelorMittal’s EAF in Alabama expects first heat in Q2
The facility at AMNS Calvert will be the first EAF in North America capable of supplying exposed automotive grades with domestically melted and poured material.

Nucor’s Topalian lauds Trump’s trade policies, downplays impact
Nucor’s top exec Leon Topalian said the benefit of the current administration’s aggressive trade policies “trumps” any risk of potentially higher raw materials prices.

SSAB reports higher production, shipments
But profits slipped vs. last year.

Nucor earnings slump in first quarter, but better times seen ahead
Nucor’s profits fell precipitously in the first quarter, but the company has a rosier outlook for the following quarter.