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    USW Continues to Rally for a ‘Fair Contract’ with USS

    Written by David Schollaert


    A new labor pact between US Steel Corp. and the United Steelworkers (USW) union remains elusive, though some progress seems to have been made during the latest round of bargaining last week.

    The two sides, however, remain miles apart when it comes to major sticking points like wages, health care, retirement, and pensions, a USW spokesperson said in an email to Steel Market Update on Wednesday, Oct. 12.

    David Schollaert

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    Price on Trade: Milwaukee Framework is a step forward on steel excess capacity

    Members of the Global Forum on Steel Excess Capacity (GFSEC) met in Wisconsin last week and unveiled an updated plan to combat market-distorting excess capacity. The Milwaukee Framework adds color to the 2017 “Berlin Principles.” It is also a positive step in the ongoing battle against global steel market distortions. However, the Framework is only a guidepost. It must be implemented correctly to make an impact as new problems loom.