Tag: U.S. Steel

U.S. Steel’s board of directors has approved a nearly $3 billion investment in a new hot strip mill (HSM) at the Edgar Thomson Plant, part of the Mon Valley Works outside Pittsburgh. The project confirms Nippon Steel's commitment to modernize the Mon Valley HSM, a pledge made before and after its acquisition of U.S. Steel. It is part of Nippon's broader $14 billion capital investment plan for the Pittsburgh-based steelmaker's facilities.

The United Steelworkers (USW) union will resume in-person bargaining with U.S. Steel on Monday. The move comes after the USW said it received an updated contract proposal from the Pittsburgh-based steelmaker on Tuesday. “While we had meaningful discussion with the company, there is still much work to be done,” the USW said in a text to members on Wednesday. “The rest of this week, we will be working on a counter and looking to get answers about some of the proposals USS made,” the union added.

The United Steelworkers (USW) union has not yet reached a labor agreement with either U.S. Steel or Cleveland-Cliffs.

U.S. Steel on Wednesday proposed a new, five-year labor contract to the United Steelworkers (USW) union – one that would run from Sept. 1, 2026, to Sept. 1, 2031, but the USW called the offer a "disappointment."

U.S. Steel is investing $28.3 million in its Great Lakes Works in Michigan, with upgrades planned for its pickle line during a 30-day outage starting in October.

A one-month extension of the terms of the current four-year contracts between the USW and the two steelmakers (which was initially set to lapse on Sept. 1) expires on Oct. 1.

U.S. Steel held a ceremonial groundbreaking on Monday for its new $475-million quench-and-tempering facility at its Fairfield Tubular Operations in Alabama.

The United Steelworkers (USW) union plans to extend its current labor contract with U.S. Steel and Cleveland-Cliffs by 48-hours on a rolling basis, the union told SMU on Monday.

The United Steelworkers (USW) union on Sunday said it remained far apart from U.S. Steel over the terms of a new labor contract. Meanwhile, the deadline for negotiating a new contract inches closer.

 U.S. Steel Košice has approved an investment of €900 million (USD$1.04 billion) for a new electric-arc furnace (EAF) and air separation unit.

U.S. Steel said it has obtained the air permit necessary to enter the next phase of construction of the new quench and tempering (Q&T) facility at its Fairfield Tubular Operations in Alabama.

The Commerce Department has issued its preliminary countervailing duty (CVD) determination in the trade case investigating tin mill products from China.

If you’re looking for a deal on steel, this last week wasn’t the one to find one. (Nor was the week before that. Or the week before that.) Meanwhile, contract negotiations are heating up in one of the tightest markets since at least 2021. I've heard discounts will be lower, min-max ranges will be tighter, and there will be less freight equalization and waiving extras.

U.S. Steel has restarted the No. 14 blast furnace at its Gary Works in northwest Indiana after a $350 million reline.

The United Steelworkers (USW) union, U.S. Steel, and Cleveland-Cliffs on Monday agreed to extend the terms of their current labor contracts by 30 days. The current basic labor agreements between the USW and the two steelmakers had been scheduled to expire at 12:01 a.m. ET on Sept. 1. The extension allows the USW and the companies to continue negotiations. It also averts the immediate threat of a strike or lockout in a steel market already characterized by historically tight supplies.

The United Steelworkers (USW) union said it remains “very far apart” with U.S. Steel on the terms of a new labor contract. 

The United Steelworkers (USW) union remains “far apart” from U.S. Steel on issues that matter most to its members. Those top issues are health care, wages, retirement, and commitments to invest in union-represented facilities.

The United Steelworker (USW) said on Friday that work continues with Cleveland-Cliffs at both the local and master bargaining tables.

Labor contract talks between the United Steelworkers (USW) union and U.S. Steel have made some headway. But the Pittsburgh-based steelmaker and the USW have somewhat different views about how much progress has been made to date.

The Commerce Department has postponed making its preliminary margin determinations in the tin mill products trade case vs. Taiwan and Turkey.

The United Steelworkers’ (USW) president released a video on Monday touting the union’s commitment to getting a good contract for its workers in the current negotiations.

Recent master contract negotiations between the United Steelworkers (USW) and U.S. Steel (USS) highlight workforce safety measures.

U.S. Steel reported stronger second-quarter results, with higher sales, a return to profitability, and record operating performance across key assets.

U.S. Steel has flagged job loss among its concerns with a proposal presented by the Gary Common Council in Indiana.

USW pushes back on preliminary contract updates amid USS negotiations.

A worker died on Saturday morning at U.S. Steel’s Granite City Works near St. Louis, the company and the United Steelworkers (USW) union said.

During its upcoming contract negotiations with U.S. Steel (USS), the United Steelworkers (USW) labor union will address wages, retirement, contracting out, health & safety, training, and job security.  

The investment will install a new quench-and-tempering line at the facility, which manufactures seamless pipe and tube.

“The issue we heard most about is healthcare. You were loud and clear at every location and in the surveys that maintaining our healthcare benefits is a top issue," the USW said.

U.S. Steel has selected Charlotte, N.C.-based Midrex Technologies to supply the direct-reduced iron (DRI) plant to its Big River Steel Works in Osceola, Ark.