Steel Mills

AK Steel Union Rejects Labor Contract
Written by Sandy Williams
April 18, 2019
Union members at AK Steel have turned down a new contract offer from the steelmaker. UAW Local 3303 voted overwhelmingly on Monday against ratification of a tentative contract, calling it an “insult” in light of the company’s profits.
Union workers were offered a 75 cent raise for each year of the three-year contract, which employees said would not cover the increases to health insurance premiums, deductibles and co-pays.
“We worked for years during the recession to make things work,” said union member Sam Doctor in a comment to the Butler Eagle. “Now that we’re making money, they want to come to the table and ask for more concessions.”
AK Steel said the existing contract, that expired on April 16, will be extended while negotiations continue.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Nucor maintains plate prices, opens October order book
Nucor aims to keep plate prices flat for a seventh straight month with the opening of its October order book.

ArcelorMittal Mexico to import from sister mills as it works to resume DRI production
ArcelorMittal has partially restarted operations at its direct reduction plant in Lazaro Cardenas, Michoacan. An explosion on Aug. 18 rocked the massive steelworks on Mexico’s Pacific coast, impacting production of direct-reduced iron (DRI).

Fall maintenance outages are coming in hot
Labor Day has passed, the sun is starting to set a little earlier each day, and cooler weather has begun to find its way down to many of us across North America. And you know what that means for the steel industry… Fall maintenance outages!

AISI: Domestic steel production ticks up
US raw steel production ticked up in the week ending on Sept. 6 after a decrease the week before, according to the most recent data from the American Iron and Steel Institute (AISI).

Domestic mill shipments slip in July: AISI
US steel shipments decreased month over month in July, but were up from last year, according to the latest figures from the American Iron and Steel Institute (AISI).