Steel Markets
UAW Strikes Deere, Thousands Head to Picket Lines
Written by Michael Cowden
October 14, 2021
United Auto Workers (UAW) members at John Deere have set up pickets after a midnight strike deadline lapsed.
The strike at the Moline, Ill.-based heavy equipment manufacturer impacts more than 10,000 workers at 14 facilities – most of them in the Midwest but some as far afield as Colorado and Georgia.
“Our members at John Deere strike for the ability to earn a decent living, retire with dignity and establish fair work rules,” said Chuck Browning, vice president and director of the UAW’s Agricultural Implement Department.
“We stay committed to bargaining until our members’ goals are achieved,” he added.
Deere is in the meantime using “employees and others” to keep daily operations running, a company spokeswoman said.
“Our immediate concern is meeting the needs of our customers, who work in time-sensitive and critical industries such as agriculture and construction,” she said.
Deere will continue to work with the UAW in the meantime.
“John Deere is committed to a favorable outcome for everyone involved and is committed to reach an agreement with the UAW that would put every employee in a better economic position,” the spokeswoman said.
The strike deadline had been set for Wednesday, Oct. 13, at 11:59 p.m. after approximately 90% of UAW members rejected the tentative pact.
A previous six-year contract between the UAW and Deere expired on Oct. 1 but had been extended pending ongoing negotiations.
Deere is famous for its iconic green tractors and combines. Equipment manufacturers such as Deere are also big consumers of steel – not only of flat products such as sheet but also of value-added long products such as special bar quality (SBQ) steel.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Markets
Steady architecture billings signal improving conditions
The November ABI decreased month over month but was still the third-highest reading of the past two years.
Fitch warns more tariffs will pressure global commodity markets
“New commodity-specific tariffs, mainly on steel and aluminum products, could widen price differentials and divert trade flows,” the credit agency forewarned.
Slowing data center, warehouse planning drives decline in Dodge index
The Dodge Momentum Index (DMI) slid further in November as planning for data centers and warehouses continued to decline.
Latin America’s steel industry grapples with declining demand, rising imports
With climbing imports and falling consumption, the Latin American steel industry has had a challenging 2024, according to an Alacero report.
CRU: Trump tariffs could stimulate steel demand
Now that the dust has settled from the US election, as have the immediate reactions in the equity, bond, and commodity markets, this is a prime opportunity to look at how a second Trump presidency might affect the US steel market.