Steel Markets

UAW Strikes Deere, Thousands Head to Picket Lines
Written by Michael Cowden
October 14, 2021
United Auto Workers (UAW) members at John Deere have set up pickets after a midnight strike deadline lapsed.
The strike at the Moline, Ill.-based heavy equipment manufacturer impacts more than 10,000 workers at 14 facilities – most of them in the Midwest but some as far afield as Colorado and Georgia.
“Our members at John Deere strike for the ability to earn a decent living, retire with dignity and establish fair work rules,” said Chuck Browning, vice president and director of the UAW’s Agricultural Implement Department.
“We stay committed to bargaining until our members’ goals are achieved,” he added.
Deere is in the meantime using “employees and others” to keep daily operations running, a company spokeswoman said.
“Our immediate concern is meeting the needs of our customers, who work in time-sensitive and critical industries such as agriculture and construction,” she said.
Deere will continue to work with the UAW in the meantime.
“John Deere is committed to a favorable outcome for everyone involved and is committed to reach an agreement with the UAW that would put every employee in a better economic position,” the spokeswoman said.
The strike deadline had been set for Wednesday, Oct. 13, at 11:59 p.m. after approximately 90% of UAW members rejected the tentative pact.
A previous six-year contract between the UAW and Deere expired on Oct. 1 but had been extended pending ongoing negotiations.
Deere is famous for its iconic green tractors and combines. Equipment manufacturers such as Deere are also big consumers of steel – not only of flat products such as sheet but also of value-added long products such as special bar quality (SBQ) steel.
By Michael Cowden, Michael@SteelMarketUpdate.com

Michael Cowden
Read more from Michael CowdenLatest in Steel Markets

CRU: China’s indirect steel exports find new destination markets
The boom in China’s direct steel exports has not stopped this year, even with a rise in protectionist measures globally. The increase is driven by...

Great Lakes iron ore cargoes down in September as Cleveland tonnage slips
Iron ore shipments from US Great Lakes ports fell sharply in September, per the latest from the Lake Carriers’ Association (LCA) of Westlake, Ohio.

HVAC equipment shipments down through August
Although total HVAC shipments fell in August, YTD volumes remain relatively strong. Nearly 15 million units were produced in the first eight months of the year, the fourth-highest rate in our 19-year data history.

Sheet market sources slam tariffs for prolonged demand slump
Tariffs are ultimately to blame for stagnant demand in the hot-rolled coil market, domestic market sources tell SMU.

Week in Review: Sept. 29 -Oct. 3
Let’s take a quick tour of some key stories from SMU in the week of Sept. 29 - Oct. 3.