Steel Mills
USW Local 1005 & USS Canada Come to Tentative Contract Agreement
Written by John Packard
October 14, 2014
The United Steelworkers Local 1005, which represents most of the union workers at U.S. Steel Hamilton Works advised Steel Market Update this afternoon that they have come to a tentative agreement on a new contract. We believe this is the first contract that was settled between US Steel and their Hamilton workers, represented by Local 1005, since U.S. Steel bought the Canadian mill back in 2007. The union provided the following information:
“Local 1005 USW informs you that a tentative agreement has been reached between Local 1005 USW and U.S. Steel Canada for a new contract. The current contract expires tomorrow, October 15, 2014.
The tentative agreement will be presented to the 1005 membership and retirees at the Membership Meeting to be held on October 15, 2014 at 4:14 pm at the Royal Canadian Legion Branch 163, located at 435 Limeridge Road East.
No information about the tentative agreement will be provided to the media until after it has been provided to the membership.
The Tentative Agreement will be put to a vote on Wednesday, October 22, 2014.”
John Packard
Read more from John PackardLatest in Steel Mills
USS/Nippon deal: Who will have the happiest holidays?
Will Santa bring gifts for the leadership, employees, and shareholders of U.S. Steel and Nippon Steel, and lumps of coal for USW leadership and politicians opposed to the deal?
‘Orderly liquidation’ of AHMSA assets begins
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Nippon buying stake in Canadian iron ore project
Nippon Steel and a Japanese trading company have entered an agreement to buy a 49% interest in a Champion Iron ore project in Canada.
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.
Nucor blames steel mills segment for depressed Q4 guidance
Nucor cited decreased volumes and prices in it steel mills segment as the key driver of its lower guidance for the fourth quarter.