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

Hot-rolled coil market remains slow, market participants say
Hot rolled spot market participants reported another week of moderate demand and ample supply, with no strong signs that conditions will change next week.

CRU: Blackout knocks out ArcelorMittal mill ‘for months’
Truchas works in Lazaro Cadenas, Michoacan, western Mexico. Repairs may take up to six months.

Nippon Steel posts quarterly loss on cost to buy U.S. Steel
Nippon Steel earnings take hit from buy of U.S. Steel.

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.