Steel Mills

USW Waiting With Trepidation for US Steel Formal Contract Proposal
Written by Sandy Williams
July 26, 2015
US Steel wants “to turn back the clock” in contract demands said the United Steelworkers in a statement on the ongoing contract negotiations.
“While we have yet to receive a formal, detailed proposal from the company, it’s clear from this initial outline that U.S. Steel is attempting to use the current industry downturn to gut our contract and weaken our union,” said the USW update.
Contract demands from US Steel include changes to health care that would raise annual deductibles and charge a monthly premium, said the USW in a summary of what is known so far by the negotiating committee. Medical plans would be eliminated for retirees.
New language in the contract would reduce vacation pay and bonuses and increase eligibility requirements. Scheduling and overtime pay would be adjusted as well as modifying hours-worked guarantees to four hours per day and 32 hours per week.
The USW is also concerned about potential changes in the union’s role in health and safety at US Steel facilities.
“These proposals do nothing to address the current climate in the steel industry – they are designed instead to take advantage of that climate to weaken our contract,” said the USW in its statement.
The US Steel labor contract is set to expire September 1, 2015.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills

Toyota Tsusho America to acquire Radius Recycling for $1.34 billion
The companies said Thursday that Radius shareholders will receive $30 per share in cash upon the deal’s closing, which is expected in the second half of this year.

Algoma resumes steel shipments to US
Canadian steelmaker Algoma Steel confirmed it has resumed shipments to the US, effective Friday.

Algoma posts narrower Q4 loss, braces for tariff impact as US shipments pause
Algoma Steel's net loss narrowed in the fourth quarter vs. a year earlier amid economic uncertainty and tariff-related issues.

Evraz NA refutes report it falsified tests on plate for US military
Employees at Evraz North America, a subsidiary of Russia's Evraz plc, reportedly falsified quality control test results on armored plate for military vehicles. Evraz NA denies the claims.

Pacific Steel breaks ground on California rebar mill
Pacific Steel Group has broken ground on its Mojave Micro Mill in Southern California.