Steel Mills
Tentative Labor Deal Reached at Cliffs’ Middletown Works
Written by Laura Miller
April 26, 2023
Cleveland-Cliffs Inc. has reached a tentative labor agreement with Local 1943 of the International Association of Machinists and Aerospace Workers (IAM) at its Middletown Works in Ohio.
Pending ratification by the union, the new four-year contract will be effective on May 15 and will cover 2,100 hourly employees.
“The new labor agreement with our valued IAM employees at Middletown represents another win-win for Cliffs and our union partners. We have a strong and loyal workforce as a result of these great relationships. Continued healthy partnerships like this one are the backbone of our future success, and we look forward to accomplishing our shared goals together,” commented Cliffs’ chairman, president, and CEO Lourenco Goncalves.
A statement from the executive board of Local 1943 says the contract is “fair and equitable” and that, in addition to keeping wages in line with the industry standard, it “resolves several issues encountered” in the previous collective bargaining agreement. The board fully endorses the new agreement.
The union will hold a ratification vote on Thursday, May 4.
The integrated Middletown steelworks produces carbon and stainless steels and has an annual capacity of 3 million tons.
By Laura Miller, laura@steelmarketupdate.com
Laura Miller
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