Steel Mills

No Resolution in USW/ArcelorMittal Negotiations
Written by Sandy Williams
April 5, 2016
Still no contract agreement for USW workers at ArcelorMittal who continue to work under terms of the previous labor contract that expired on September 1, 2015.
In a text message update on March 18 the USW said the Committee was still bargaining over a few remaining important issues committee and that “unfair ArcelorMittal demands still persist.”
Job classification and health care benefits continue to remained unresolved issues, according to a union official for USW Local 6797 at Burns Harbor.
SMU asked a representative of ArcelorMittal over the weekend what they were being told within the company. We were told the main sticking point is healthcare. There is an agreement between the union and ArcelorMittal that the union will not be locked out by the company. In the meantime, the union continues to work off of the old contract (which is where they are being asked to make concessions). We asked if this promise to not lock out the union has an expiration date and our source did not know the answer to that question. At this time there does not appear to be any incentive for the union to make any further concessions since they are already working off a contract that would be better than whatever new one is eventually signed.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.