Steel Markets

Canadian Autoworkers Target GM as Labor Negotiations Begin
Written by Sandy Williams
September 8, 2016
Canadian autoworkers selected General Motors as target company as contract negotiations begin for approximately 23,000 union workers
Unifor, which represents autoworkers at GM, Ford, and Fiat Chrysler NV in Canada, will use negotiations with GM to set the pattern for talks with the other two manufacturers. Jerry Dias, president of Unifor, called General Motors the “biggest bully in the schoolyard.”
Workers are concerned about the scheduled closing of two production lines in 2017 at the Oshawa facility near Toronto. Dias said GM will not commit to scheduling production on new vehicles beyond 2019 until after labor negotiations are completed.
Unifor worries that manufacturers will continue to move production from Canada to the U.S. and Mexico. Canada’s share of auto production in North America has dropped to 13 percent while Mexico’s has increased to 20 percent, according to Ward’s Automotive Yearbook. The union is seeking wage increase as well as investment in Canadian auto facilities to enable more vehicles to be built.
The current contract with GM is set to expire on Sept. 19 and Unifor hopes to be able to sign a new agreement before then. If not, the union has a strike mandate has been approved by Canadian autoworkers.

Sandy Williams
Read more from Sandy WilliamsLatest in Steel Markets

HVAC equipment shipments slow in December but strong annually
Shipments of heating and cooling equipment in the US fell to an 11-month low in December, according to the latest data released by the Air-Conditioning, Heating, and Refrigeration Institute (AHRI).

Apparent steel supply rebounds in December, but 2024 total at 4-year low
Apparent US steel supply rebounded in December, but 2024 was still the lowest level for supply since 2020.

Trump officially orders sweeping 25% tariff on steel, aluminum
The new version of Section 232 goes into effect on 12:01 am ET on March 12, according to the executive order. The latest iteration of Section 232 removed quotas, exemptions, and other carve outs that had accumulated over years.

Tampa Steel Conference: Two weeks to go!
With just two weeks to go, we have over 400 registered so far for the 36th annual Tampa Steel Conference. Join us and hundreds of industry executives at the JW Marriott Tampa Water Street from Sunday, February 2, through Tuesday, February 4.

Galvanized buyers see glimmers of optimism amidst the chaos
Reflecting on 2024 and looking ahead to the new year, galvanized steel buyers on this month’s HARDI call expressed a mix of cautious optimism with lingering uncertainties.