United Steelworkers at ArcelorMittal Mines and Infrastructure Canada went on strike Monday night after rejecting a May 7 offer by the company. The strike by 2,500 employees could have a “serious economic impact on the economy of the Côte-Nord and Quebec,” said Quebec Labor Minister Jean Boulet.
ArcelorMittal and the USW executives of the five locals involved reached a tentative agreement on April 12, but it was rejected in a vote by members. The enhanced May 7 offer was also rejected, prompting termination of negotiations and the subsequent walkout.
“ArcelorMittal Mines and Infrastructure Canada regrets the decision of members of the United Steelworkers Union to initiate a labor conflict and hopes for a quick return to the negotiating table to prevent a prolonged strike that would not serve anyone’s interests,” said the company in a press release. Negotiations have been underway since December and, most recently, in the presence of a conciliator from the Department of Labor.
ArcelorMittal claims working conditions for its employees on the North Shore are among the most competitive in the industry. ArcelorMittal added that the company spends approximately CAD $1.25 billion each year in the province and contributes about $1 billion to Quebec’s GDP, as well as generating over 8,300 direct and indirect jobs in the region.
The strike occurs at time of soaring iron ore prices and demand.
Sandy WilliamsRead more from Sandy Williams
Latest in Steel Mills
Stelco Considering Bid for U.S. Steel: Bloomberg
Canadian steelmaker Stelco Holdings Inc. is now in the mix to purchase U.S. Steel, according to an article in Bloomberg on Thursday, which cited people familiar with the matter.
USS Expects Lower Q3 Earnings, Says UAW Strike Partly To Blame
U.S. Steel expects earnings to drop in the third quarter vs. the prior quarter and the same period a year earlier as the company adjusts production because of the United Auto Workers (UAW) union strike.
SDI to Provide Steel for Mercedes Plant in Alabama
Steel Dynamics Inc. (SDI) and Mercedes-Benz have signed an agreement for the automaker to source 50,000 metric tons of C02-reduced steel for its plant in Tuscaloosa, Ala.
Algoma’s CEO Highlights the Switch to Greener Steelmaking
As the world works to decarbonize and limit greenhouse-gas emissions to reach the goals outlined in the Paris Agreement, many steel companies have joined others in setting their own targets to reach net zero emissions by 2050.
U.S. Steel Idling Granite City ‘B’ Furnace in Response to UAW strike
U.S. Steel said on Monday it plans to temporarily idle blast furnace ‘B’ at its Granite City Works near St. Louis. The Pittsburgh-based steelmaker said it made the move in response to the United Auto Workers (UAW) union strike against “Big Three” automakers Ford, General Motors, and Stellantis. “Following the announcement of UAW strike actions, […]