Steel Product Producers

Cliffs, USW Reach Tentative Labor Pact at Northshore Mining Ops
Written by Laura Miller
August 30, 2023
Cleveland-Cliffs Inc. and the United Steelworkers (USW) at Cliffs’ Northshore Mine in Minnesota have reached a tentative labor agreement.

Pending ratification by the union, the new three-year labor agreement will cover 430 USW-represented workers at the mine.
The workers there mine taconite in Babbitt, Minn., make iron ore pellets in Silver Bay, Minn., and transport products and tailings.
“The United Steelworkers have demonstrated their unwavering support of Cleveland-Cliffs throughout the years, and this new labor agreement for Northshore further strengthens our collaborative partnership. We look forward to working together with our new USW partners at Northshore and continuing to build a strong workforce for our present and future competitiveness,” Cliffs’ chairman, president, and CEO Lourenco Goncalves said in a statement.
Recall that Cliffs called back workers to the previously idled Northshore mining operations earlier this year. And in July, workers there joined the USW.

Laura Miller
Read more from Laura MillerLatest in Steel Product Producers

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.