Steel Products
AK Steel Dearborn Union Ratifies Contract
Written by Sandy Williams
December 18, 2017
Union workers at AK Steel Dearborn have ratified a new contract covering 1,180 employees through July 31, 2021. Hourly production and maintenance workers at Dearborn are represented by the United Auto Workers, Local 600.
AK Steel CEO Roger Newport said, “We are pleased to have reached an agreement with our hourly employees at Dearborn Works. This contract positions us well to meet the future needs of our company and our customers as we continue to drive our sales of value-added and innovative products including our NEXMET™ family of high-strength steels for our automotive customers.”
{loadposition reserved_message}
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products
Active rig counts slipped in US, Canada
Drilling activity slowed in the US and Canada last week, according to the latest oil and gas rig count data released by Baker Hughes.
OCTG producers in Canada take aim at Mexico, US, others
Evraz NA and Welded Tube of Canada have lodged an unfair trade complaint against imports of OCTG, including those from USMCA trading partners Mexico and the US.
Final Thoughts
The difference: The spat with Turkey was a big deal for steel. This time, the 50% reciprocal tariff for Brazil – if it goes into effect as threatened on Aug.1 – hits everything from coffee and to pig iron. It seems almost custom-built to inflict as much pain as possible on Brazil.
CRU: US rebar and wire rod prices rise alongside S232 increase
CRU Senior Steel Analyst Alexandra Anderson discusses current market and pricing dynamics for long steel products in the US.
CRU: Excessive global supply could hit rebar mill investments in US
Following the onset of the war in Ukraine in March 2022, concerns about import availability and expectations of rising demand from President Biden’s Infrastructure Bill pushed US rebar prices to record highs. In response, a flurry of new mills and capacity expansions were announced to meet the rise in demand from growth in the construction […]