Alro Steel announced last week that it has entered into an agreement to acquire certain assets of Access Metals, a Maryland-based metals service center. The transaction, terms of which were not disclosed, is expected to close on Sept. 30. Access Metals is a service center specializing in small orders of value-added and cut-to-size metals. Founded […]
US Steel’s month-long outage on No. 3 blast furnace at Mon Valley Works near Pittsburgh is underway, a company spokeswoman confirmed to SMU. The blast furnace was taken offline early Wednesday morning following a successful blowdown. Water quenching is scheduled for the weekend, and shotcrete will begin after Labor Day. “It did go offline safely,” […]
Hot rolled and galvanized prices continue to decline but many continue to go unchanged, members said during this month’s call with HARDI’s Sheet Metal/Air Handling Council. Much like July, members are currently seeing strong demand and foresee stability in the near future. It’s been an eventful month to say the least. Nucor and Cleveland-Cliffs both […]
Contract talks between United Steelworkers (USW) and United States Steel Corp. (USS) will continue past the expiration of the current agreement on Sept. 1 at 12:01 a.m. EST. Both sides have agreed to extend the existing labor contract to continue negotiating a new deal, according to an Aug. 31 text sent to USW members. “Our […]
The United Steelworkers (USW) said United States Steel Corp. (USS) and the union remain “miles apart” on their collective bargaining labor negotiations, according to an Aug. 31 update. The latest proposal, according to the USW, only included minor adjustments to the steelmaker’s previous offer. “We met with USS last night, but unfortunately, the USS proposal […]
Nucor Corporation plans to install an air separation unit at its Huger, South Carolina facility. The investment was announced as a contribution to the mill modernization undertaking. The air separation unit (ASU) will supply industrial gases for steelmaking operations. Currently, Nucor Steel Berkeley is under a long-term agreement for its industrial gas supply. However, the […]
Canada’s Algoma Steel and the United Steelworkers (USW) Local 2251 announced they have agreed on a new labor deal after members successfully ratified the terms of the five-year collective agreement. The bargaining committee of Local 2251 “unanimously recommended the offer,” encouraging members to vote in favor of the fair agreement. The two sides had agreed […]
The United Steelworkers (USW) said United States Steel Corp. (USS) latest collective bargaining labor proposal “fails to meet standard” and that its members at USS will not be treated as “second class” citizens. The proposal, according to the USW bargaining committee, stands in “stark contrast” to the tentative agreement recently reached between the USW and […]
Cleveland-Cliffs Inc. has reached a tentative agreement with the United Steelworkers (USW) on a new, four-year labor contract, the company and the union said on Saturday, Aug. 27. The agreement is pending ratification by the USW local union members, who are likely to vote in the coming days on the pact negotiated by the bargaining […]
Negotiations between the United Steelworkers (USW) and Cleveland-Cliffs continued this week in Pittsburgh, with the union signaling optimism that a new labor agreement will be reached before the current contract expires next week. Important progress has been made in bargaining over local issues, healthcare benefits, and capital expenditures, the USW said in an Aug. 26 […]
NLMK USA is seeking to increase spot base prices for carbon steel sheet by at least $75 per ton ($3.75 per cwt). The price increase is effective immediately and applies equally to all new orders of hot-rolled, cold-rolled, and coated products in North America, the company said in a letter to its customers on Friday, […]
US Steel will take a week-long outage on its compact-strip production (CSP®) line at its Big River Steel Works in Osceola, Ark., in October. The planned maintenance outage is expected to take place from Oct. 23–30, a US Steel spokeswoman confirmed to SMU. Big River Steel’s six-stand CSP continuous caster has an annual capacity of […]
Cleveland-Cliffs Inc. is again operating the No. 5 blast furnace at its steel mill in Cleveland following an extended outage earlier in the year, a company spokeswoman confirmed to SMU. The move is not unexpected. The Cleveland-based steelmaker said in July that it would have the furnace running at full capacity in August following a […]
The United Steelworkers (USW) said the latest collective bargaining labor proposal from United States Steel Corp. “falls very short” of what the union wants. The proposal is “unacceptable” and has been rejected by the USW bargaining committee, according to an Aug. 24 text sent to USW members. A US Steel spokeswoman told SMU that its […]
Cleveland-Cliffs Inc. aims to increase spot prices for carbon steel sheet by at least $75 per ton ($3.75 per cwt). The move is effectively immediately and applies to equally to all new orders of hot-rolled, cold-rolled and coated products in North America, the company said in a press release on Wednesday, Aug. 24. It comes […]
Canada’s Algoma Steel and the United Steelworkers (USW) Local 2251 announced they have reached a new, tentative five-year labor deal. The bargaining committee of Local 2251 is “unanimously recommending the offer,” encouraging membership to vote in favor of the fair agreement during the ratification vote scheduled for Aug. 25 and Aug. 29. The Local represents […]
Canadian flat-rolled steelmaker Stelco Inc. confirmed the renewed five-year collective bargaining agreements it reached with each of its United Steelworkers (USW) locals. Stelco’s workforce represented by USW Local 1005 (Hamilton Works), USW Local 8782 (Lake Erie Works), and USW 8782b (Lake Erie Works Pickle Lines), have all voted in favor of agreements that expire on […]
United Steelworkers (USW) union Local 8782 has ratified a new, five-year labor agreement with Canadian flat-rolled steelmaker Stelco. The move effectively concludes a summer of protracted contract negotiations between Hamilton, Ontario-based Stelco and the USW. Local 8782 reported that 67% of its members voted in favor of the contract in update to members on Friday, […]
The United Steelworkers (USW) union resumed face-to-face labor talks with Cleveland-Cliffs Inc. and United States Steel Corp. this week in Pittsburgh after a brief hiatus for the USW’s 2022 Constitutional Convention Aug. 8–11 in Las Vegas. Current labor agreements with the two flat-rolled steelmakers are due to expire on Sept. 1. Cleveland-Cliffs Update In an […]
Canadian flat-rolled steelmaker Stelco has reached a tentative agreement with one local union, and another has ratified a new, five-year labor contract with the company. The negotiating committee for United Steelworkers (USW) Local 8782 broke the news that it had agreed to tentative pact in an update to members on Wednesday, Aug. 17. USW Local […]
United Steelworkers (USW) Local 1005 is set to hold a ratification vote on a proposed labor contract with Stelco on Wednesday, Aug. 17. Details of the new contract were presented to union members on Monday, Aug. 15. USW members at the Canadian steelmaker’s mill in Hamilton, Ontario, had been in a legal position to strike […]
US Steel is going green. The Pittsburgh-based company has formed a non-exclusive alliance with Equinor US Holdings Inc. and Shell US Gas and Power LLC to establish a clean energy hub in the Ohio, Pennsylvania, and West Virginia tri-state area. Infrastructure projects associated with this development will generate new jobs, encourage economic growth, and contribute […]
North Star BlueScope is “substantially complete” with a $700 million expansion that will provide the Delta, Ohio, EAF sheet mill with additional annual capacity of nearly 950,000 short tons (850,000 metric tonnes). The mill produced the first coil from its expansion in June and has begun the 18-month process of ramping up the facility to […]
Stelco and United Steelworkers (USW) Local 1005 have at least temporarily avoided a labor disruption at the Canadian steelmaker’s mill in Hamilton, Ontario. The two parties are working toward an agreement on a new labor contract, details of which will be presented to union members on Monday, Aug. 15. “The strike deadline has been suspended. […]
Algoma Steel and United Steelworkers (USW) Local 2251 have once again narrowly averted a potential labor disruption. The Sault Ste. Marie, Ontario-based sheet and plate producer said Local 2251 had agreed to put the company’s “last offer” to union members for a vote. The union has scheduled ratification votes on the contract from Aug. 29-Aug. […]
Canadian steelmaker ArcelorMittal Dofasco aims to increase spot market base prices for steel sheet by at least $65 per ton CAD (~$50 per ton USD). The Hamilton, Ontario-based company said the price hike was effective immediately and applied equally to hot-rolled, cold-rolled and coated products. “We reserve the right to re-quote any previously quoted offer […]
Russel Metals disclosed a favorable end to the second quarter. The Mississauga, Ontario-based service center lauded steady demand for its results and noted a Moody’s upgrade from Ba2 to Ba1. Executives at the company discussed having a fantastic first half of 2022 and stated they are positioned very well in light of market circumstances. Russel […]
Chicago-based Evraz North America is encouraged by its Russian parent company’s decision to divest its North American assets. The steelmaker said the move would provide increased certainty for its North American operations and employees. Evraz plc’s announcement of a sale “strengthens our long-term stability and will allow us to continue to lead in the markets where we […]
Stelco Holdings Inc. reported stellar second quarter earnings but warned that the second half of the year won’t be nearly as bright. The Canadian flat-rolled steelmaker pinned the dreary outlook on falling steel prices, lackluster demand, and rising costs for natural gas, coal and alloys. “We are faced now with even stronger headwinds, including the […]
Russia’s Evraz plc has put its North American operations up for sale. Evraz North America (Evraz NA) operates two electric arc furnace facilities, four rolling mills, eight tube mills, and 17 scrap recycling facilities. It has annual steelmaking capacity of 2.3 million tons and a finished steel capacity of 3.5 million tons per year, including […]