Steel Mills

USW Says Labor Talks With Stelco To Continue Past June 30 Deadline
Written by Michael Cowden
June 29, 2022
The union representing Stelco’s Lake Erie Works in Nanticoke, Ontario, said labor talks would continue past the expiration of the current contract on Thursday.
United Steelworkers (USW) Local 8782 said that the terms of the old contract, which expires on June 30, would remain in effect as negotiations continued.
“Members are required to continue to work their scheduled shifts and perform their regular duties until further notice,” Local 8782 said in update dated Wednesday, June 29.
Canadian flat-rolled steelmaker Stelco operates two mills, Lake Erie Works and Hamilton Works. Lake Erie Works operates a blast furnace and a hot strip mill. Hamilton Works operates a coke plant and coating facilities.
Both Local 1005, which represents Hamilton Works, and Local 8782 have voted to authorize strikes. That does not mean, however, that they will go on strike.
Algoma, another Canadian flat-rolled steelmaker, will see its contract with the USW expire at the end of July. Deals between the USW and US mills don’t expire until Sept. 1.
By Michael Cowden, Michael@SteelMarketUpdate.com

Michael Cowden
Read more from Michael CowdenLatest in Steel Mills

SSAB announces $74M expansion in Alabama
The project will expand heat treat capacity at its Axis, Alabama plant

ArcelorMittal’s EAF in Alabama expects first heat in Q2
The facility at AMNS Calvert will be the first EAF in North America capable of supplying exposed automotive grades with domestically melted and poured material.

Nucor’s Topalian lauds Trump’s trade policies, downplays impact
Nucor’s top exec Leon Topalian said the benefit of the current administration’s aggressive trade policies “trumps” any risk of potentially higher raw materials prices.

SSAB reports higher production, shipments
But profits slipped vs. last year.

Nucor earnings slump in first quarter, but better times seen ahead
Nucor’s profits fell precipitously in the first quarter, but the company has a rosier outlook for the following quarter.