• Skip to main content

    Market Segment

    USW to Vote on Tentative Pact with Cliffs Mid-October

    Written by David Schollaert


    Ratification votes on the new labor deal between Cleveland-Cliffs Inc. and the United Steelworkers (USW) are to begin Oct. 12, a union representative told Steel Market Update.

    The two sides agreed to a new, tentative four-year contract nearly three weeks ago.

    David Schollaert

    Read more from David Schollaert

    Latest in Market Segment

    Price on Trade: Milwaukee Framework is a step forward on steel excess capacity

    Members of the Global Forum on Steel Excess Capacity (GFSEC) met in Wisconsin last week and unveiled an updated plan to combat market-distorting excess capacity. The Milwaukee Framework adds color to the 2017 “Berlin Principles.” It is also a positive step in the ongoing battle against global steel market distortions. However, the Framework is only a guidepost. It must be implemented correctly to make an impact as new problems loom.