Steel Mills
Allied Tube & Conduit Strike Ended After One Week
Written by Sandy Williams
May 6, 2014
A week-long strike was ended Sunday when steelworkers and Allied Tube and Conduit reached an agreement on a new contract.
USW Local 9777, who have worked without a contract for the past year, accepted the new contract after Allied Tube and Conduit agreed to drop plans to freeze pensions, dictate which jobs employees work, and extend shifts to 10-12 hours. In return the workers will pay higher out-of-pocket health expenses and job descriptions will be reduced from 68 to 42 which will increase worker duties.
The four year contract includes a 2 percent raise and signing bonuses. Some of the 460 striking union members returned to work on Monday to prepare the mill for production and the rest will return on Tuesday.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Cleveland-Cliffs CEO seeks ‘American solution’ for U.S. Steel
He said a new entity would operate under the U.S. Steel name and would retain its Pittsburgh headquarters.
Cliffs, Nucor could buy U.S. Steel: Report
Cleveland-Cliffs could be teaming up with Nucor to make a play for U.S. Steel, according to an article at CNBC.
Biden extends deadline for unwinding Nippon/USS deal to June
The Biden administration has pushed back until June the date for which Nippon Steel must unwind its $14.9-billion dollar deal for Pittsburgh-based U.S. Steel, the companies said on Saturday.
Nucor to build third utility tower plant in Utah
The steelmaker is completing construction of two such production facilities in Alabama and Indiana.
Hyundai mulls building $6B sheet steel mill in southern US
Hyundai Motor Group is reportedly considering building a sheet steel mill just south of Baton Rouge, La.