Steel Mills
USW to Vote on Tentative Pact with Cliffs Mid-October
Written by David Schollaert
September 13, 2022
Ratification votes on the new labor deal between Cleveland-Cliffs Inc. and the United Steelworkers (USW) are to begin Oct. 12, a union representative told Steel Market Update.
The two sides agreed to a new, tentative four-year contract nearly three weeks ago.
The new deal is effective Sept. 1 but does not go into effect unless a majority of the members represented under the new bargaining agreement vote in favor of it.
USW leadership representing the 12,000 union members across Cleveland-Cliffs’ steelmaking facilities cheered the tentative deal, encouraging members to vote favorably on the agreement.
Not included under this agreement are Cliffs’ Dearborn Works in Michigan and Rockport Works in Indiana, whose workers are represented by the United Auto Workers (UAW) union.
Cliffs also reached a tentative agreement with the USW on a new, 47-month labor contract for its mining and pelletizing operations on Friday, Sept. 9
That deal is effective Oct. 1 but does not go into effect unless a majority of the 2,000 union members represented under that new bargaining agreement vote in favor of it.
Tentative or ratified labor contracts have been reached at Canadian steelmakers Algoma and Stelco as well. The only outstanding labor talks are between the USW and US Steel.
A prior agreement between the union and the Pittsburgh-based steelmaker expired on Sept. 1. Negotiations have extended past the deadline.
By David Schollaert, David@SteelMaketUpdate.com
David Schollaert
Read more from David SchollaertLatest in Steel Mills
Nucor names Batterbee, Bledsoe to HR roles
Nucor Corp. has promoted Thomas J. Batterbee to the position EVP of human resources and talent and appointed Elizabeth Bledsoe to the newly created position of president of human resources and talent.
Millett sees tariffs, CORE case benefiting SDI
Steel Dynamics' top exec thinks Trump’s tariff policies, as well as the results from the recent CORE case, will prove advantageous to the Fort Wayne, Ind.-based steelmaker and aluminum company.
USW digs in on opposition to USS-Nippon deal
“We remain deeply concerned about the national and economic security implications of the subject transaction,” the union stated in the letter dated April 21.
SDI’s Q1 earnings slump on-year, but up sequentially
SDI earnings slip in first quarter year over year, but are up sequentially.
POSCO inks MoU with Hyundai on Louisiana EAF mill
POSCO has signed a Memorandum of Understanding (MoU) with Hyundai Motor Group that includes an equity investment in Hyundai’s previously announced EAF mill set to be built in Louisiana.