USW cheers Evraz NA agreement with Atlas Holdings 

Mike Day, president of USW Local 5890 in Regina, Saskatchewan, said workers there are relieved after years of uncertainty.

“This has been a long and difficult process for our members, who have worked through uncertainty with professionalism and pride in their work,” Day said in a press release.

“We’re hopeful this marks the beginning of a long and positive relationship with Atlas. Our members are ready to continue doing what they do best by producing high-quality Canadian steel that supports our economy and our communities,” he added.

USW sources in the US said their sentiments align with the statements issued by union members in Canada.

The sale is expected to close in the second half of 2025. Atlas Holdings is rumored to have agreed to pay $500 million for Evraz NA.

Evraz NA operates facilities in western Canada that primarily make energy tubulars for the region’s oil-and-gas sector. Its US operations include a plate mill in Portland, Ore., and a mill in Pueblo, Colo., that makes rail, wire rod and coiled rebar, as well as seamless pipe. The company also operates scrap recycling facilities in both countries.