Steel Mills

Cliffs, UAW Reach Tentative Pact at Coshocton Works
June 21, 2023
Cleveland-Cliffs said Wednesday it has reached a new, three-year labor agreement with the United Auto Workers (UAW) union at its Coshocton Works in Ohio. The deal is slated to take effect July 31.
The Cleveland-based steelmaker said the agreement is tentative, pending ratification by UAW local union membership, with ~330 UAW-represented workers covered.
“We are pleased to reach a new labor agreement with the UAW for our employees at Coshocton Works,” Lourenco Goncalves, Cliffs’ chairman, president, and CEO, said in a statement.
He said that Coshocton is a leading producer of electric-arc furnace (EAF) flat-rolled stainless steel in the US, and a major supplier of stainless steel to the North American automotive industry.
“This agreement provides Cleveland-Cliffs a competitive cost structure for future success, while maintaining and supporting good-paying, middle class union jobs to our employees at Coshocton Works,” Goncalves added.
No additional details will be released at pending the ratification process, the company said.
An SMU email to UAW for comment was not immediately returned by time of publication.
Coshocton Works produces various flat-rolled stainless steels for the automotive, appliance, distribution, and medical markets, according to Cliff’s website.
By Ethan Bernard, ethan@steelmarketupdate.com
Latest in Steel Mills

Cliffs unveils new hydrogen-powered stainless line in Ohio
CEO Lourenco Goncalves, flanked by state leaders and union reps, touted the project as proof that US manufacturing is not only alive, but also advancing.

Cliffs idles Steelton, Riverdale, and Conshohocken operations
Cliffs has idled facilities in Riverdale, Ill., and Conshohocken and Steelton, Pa.

Radius loss narrows, volumes climb in ‘healthy’ West Coast market
Stronger steel demand in the Western US, rising scrap flows, and improved rolling mill utilization drove sequential gains for Portland, Ore.-based Radius Recycling.

AISI: Raw steel production backs off multi-year high
US raw steel output edged lower last week after hitting a multi-year high in mid-June, according to the American Iron and Steel Institute (AISI).

Private equity firm Atlas Holdings to acquire Evraz North America
Atlas Holdings said it has signed a definitive agreement to acquire Evraz North America (Evraz NA). The Greenwich, Conn.-based private equity firm said it expects the deal for the Chicago-based steelmaker to close in the second quarter of 2025 subject to various closing condition.