Steel Mills
USW Optimistic on Cleveland-Cliffs Labor Deal by Sept. 1
Written by Laura Miller
August 26, 2022
Negotiations between the United Steelworkers (USW) and Cleveland-Cliffs continued this week in Pittsburgh, with the union signaling optimism that a new labor agreement will be reached before the current contract expires next week.
Important progress has been made in bargaining over local issues, healthcare benefits, and capital expenditures, the USW said in an Aug. 26 bargaining update.
“We remain engaged with Cliffs at the table over major economics,” the update reads. “The company needs to limit its exposure to certain future costs associated with retiree benefits but recognizes that Steelworkers deserve to retire with dignity.”
“We are absolutely committed to finding common ground and bargaining through the remaining issues with Cliffs,” the USW said. “We are committed and optimistic that we will reach an agreement before Sept. 1.”
Cleveland-Cliffs’ chairman, president, and CEO Lourenco Goncalves, speaking at the 2022 SMU Steel Summit conference in Atlanta on Aug. 22, also expressed optimism that a timely deal will be reached.
By Laura Miller, Laura@SteelMarketUpdate.com
Laura Miller
Read more from Laura MillerLatest in Steel Mills
August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.
TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.
Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.
ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.
AISI: Raw steel production ticks back down
US raw steel output declined last week after increasing the week prior, according to the latest data from the American Iron and Steel Institute (AISI). Output has see-sawed from week to week since mid-August. Still, it has remained historically strong over the past four months and has held near multi-year highs since June. Domestic mills […]