Steel Mills
ATI Labor Negotiations Resume
Written by Sandy Williams
December 31, 2015
USW and Allegheny Technologies Inc. resumed talks on Dec. 30 with a federal mediator in Pittsburgh. The meeting follows an announcement that the National Labor Relations Board would file unfair labor practice charges against ATI.
USW officials said the parties discussed the NLRB decision, the US Steel tentative settlement, idling of operations, and the four-month lockout. Additional meetings are scheduled for next week.
Said the USW in a bargaining update to members, “The USW is hopeful that the management may now want to find a solution to the problems that they have created through the lock out and the USW will be available as necessary to attempt to reach a settlement which returns our members to their jobs and to reach a fair settlement of our outstanding issues and concerns.
ATI locked out more than 2,200 workers on Aug. 15 after the USW rebuffed the company’s “last, best and final contract.” Since then, ATI has been operating with salaried staff and temporary workers
In December, ATI announced the idling of the standard stainless melt shop and sheet finishing operations at the Midland, Pa., facility and GOES operations at Bagdad, Pa. The operations are not expected to resume until market conditions improve.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
SDI presses on with steel, aluminum investments
Steel Dynamics Inc. remains optimistic about its prospects as it ramps up flat-rolled steel operations and prepares for the production of aluminum products next year. Executives from the Fort Wayne, Ind.-based steelmaker provided an update on the company’s operations on a conference call on Thursday held to discuss SDI’s third-quarter earnings results.
CMC earnings slide, but still near top mark
CMC Fourth quarter ended Aug. 31 2024 2023 Change Net sales $1,996.1 $2,209.2 -9.6% Net income (loss) $103.9 $184.2 -43.6% Per diluted share $0.90 $1.56 -42.3% Full year ended Aug. 31 Net sales $7,925.9 $8,799.5 -9.9% Net income (loss) $485.5 $859.7 -43.5% Per diluted share $4.14 $7.25 -42.9% (in millions of dollars except per share) […]
SDI posts lower Q3 profit, sees better times in ’25
Steel Dynamics Inc. (SDI) reported a drop in third-quarter profits driven largely by lower flat-rolled steel prices. The Fort Wayne, Ind.-based electric arc furnace (EAF) steelmaker also saw scrap prices slip. That happened because of softer demand from domestic mills taking planned maintenance outages.
Cliffs hosts fireside chat on industry, union, government collaboration
Cleveland-Cliffs’s Chairman, President, and CEO Lourenco Goncalves hosted a fireside chat with US Trade Representative Katherine Tai and Acting Secretary of Labor Julie Su on Friday at the company’s plate mill in Coatesville, Pa.
Nippon agrees to sell Calvert stake, if USS deal closes
ArcelorMittal is set to take full ownership of AM/NS Calvert if Nippon Steel finalizes its pending acquisition of U.S. Steel.