Steel Mills
AK Steel Rockport Workers Ratify Contract
Written by Sandy Williams
September 28, 2017
Union members at AK Steel Rockport Works have ratified a new four-year labor agreement. The agreement covers 319 hourly production employees of the United Auto Workers (UAW) and will be in effect until Sept. 30, 2021.
Rockport Works produces a full range of cold rolled carbon, coated and stainless steels, with many of the products coated and processed at Rockport used in the automotive industry.
“We are pleased to have reached an agreement at our Rockport Works ahead of the expiration date,” said Roger K. Newport, chief executive officer of AK Steel. “The new agreement provides a competitive labor contract that advances the interests of our employees and the company.”
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Explosion rocks ArcelorMittal’s DR plant in Mexico
ArcelorMittal reported a "strong" explosion at the direct reduction part of its massive Lazaro Cardenas mill in Mexico.
SDI to acquire remaining stake in New Process Steel
Steel Dynamics Inc. (SDI) announced that it has agreed to acquire the remaining 55% equity interest in New Process Steel.
North Star results improve despite buyer caution as tariffs drive prices higher
North Star BlueScope said it is optimistic that US tariffs will bolster selling prices and tighten the spread the Australia-based steel maker suffered in 2025.
AISI: Domestic steel production edges down
US raw steel production declined last week, according to the latest data released by the American Iron and Steel Institute (AISI).
Cliffs inks longer-term contracts with US automakers hedging tariff inflation: Report
Cleveland-Cliffs Inc. has reportedly signed "unusually long" fixed-price supply agreements with multiple US automakers.