Economy
Federal Mediator to Meet With USW and ATI
Written by Sandy Williams
September 2, 2015
The USW plans to meet with Allegheny Technologies Inc. and a federal mediator in Pittsburgh on Sept. 11 and 12. ATI locked out its 2200 steelworkers August 15 after contract talks broke down.
The USW claims the lockout was unlawful and has been ”pursuing all legal remedies that are available.”
The union in communication with the Federal Mediation and Conciliation Services (FMCS) since the beginning of negotiations.
According to a union update, the USW has received no straight answer on whether ATI has modified their “Last, Best and Final Offer.”
“We have decided to meet again with ATI in an attempt to reason with the company and encourage them to step back from the destructive path they have chosen and bargain a fair agreement with the union,” said the USW.
Sandy Williams
Read more from Sandy WilliamsLatest in Economy
Steel Summit: ITR economist urges execs to prepare for growth, not recession
If the steel industry professionals who made it to the very final presentation of this year’s SMU Steel Summit were expecting another round of cautious forecasting, they were in for a surprise. Because what they got was a wake-up call.
ISM: Manufacturing growth remained down in August
US manufacturing activity remained muted in August despite a marginal gain from July's recent low, according to supply executives contributing to the Institute for Supply Management (ISM)’s latest report.
Steel Summit: Dr. Basu blames tariffs for riskier path ahead
Steel executives packed the main conference hall of the 2025 SMU Steel Summit on Tuesday, Aug. 26, to hear economist Dr. Anirban Basu lay out his blunt view of tariffs, inflation, and demand.
Steel Summit: Schneider sees SDI ‘on the edge of a very good run’
Steel Dynamics Inc. (SDI) President and Chief Operating Officer, Barry Schneider, remains bullish about the Fort Wayne, Ind.-based steelmaker’s position in the current market.
US housing starts gain momentum in July
US housing starts rose in July both month-on-month and year-on-year, according to figures from the US Census Bureau.