Steel News

CB&I Issues Pink Slips as SunCoke Energy Contract Expires

21 February 2017 - Contractor CB&I is laying off 149 employees at the SunCoke Energy coke plant in Indiana, reports The Times newspaper of northwest Indiana.

Union Ratifies Labor Agreement With Canadian Wire Rod Maker

20 February 2017 - The United Steelworkers union has ratified a new three-year labor agreement with Canada’s Ivaco Rolling Mills, the union has announced.

Essar Algoma CEO Blasts Parent Company's Request to Reopen Sales Process

03 February 2017 - Essar Steel Algoma chief executive Kalyan Ghosh issued a statement Friday criticizing his company’s corporate parent, calling it “opportunistic” for making another pass at the business during late-stage negotaions with a potential buyer.

Judge to Union: Keep Strike Talk to Yourself

26 January 2017 - The judge presiding over Essar Steel Algoma’s creditor protection case has told union officials to refrain from speaking publicly about negotiations and possible labor actions, reports the local news website SooToday.com

Essar Algoma Seeks Wage Cut From Steelworkers Union

23 January 2017 - Canada’s Essar Steel Algoma, which continues to operate under creditor protection, might now headed toward a showdown with the United Steelworkers union.

Tata Negotiating Pay-Out to End pension Fund Guarantee Held on Steel Plant

13 January 2017 - Trustees of Tata Steel’s U.K. pension fund are negotiating a potential pay-out from the steelmaker in exchange for releasing a guarantee held on its Dutch steel works, according to reports.

Union Local Says It Will Get Behind U. S. Steel Canada Sale

23 November 2016 - A United Steelworkers union local said it will lend tentative support to a private investment firm’s bid to acquire U. S. Steel Canada, reports the CBC.

Schaeffler Announces Additional Job Cuts, Plant Consolidations

09 November 2016 - German roller bearings manufacturer Schaeffler said it plans to lay off 500 people and consolidate plants in Europe and the Americas as part of an expanded cost-cutting effort.

Weak Market Forces Union Electric to Consider Idling Roll Plant

02 November 2016 - Eight months after acquiring it, Union Electric Steel Corp. and parent Ampco-Pittsburgh have given notice that they might idle parts of the Åkers National Roll Co. plant in Pennsylvania due to market conditions.

Alton Steel Employees Agree to New Labor Contract

31 October 2016 - Union employees at special bar quality maker Alton Steel Inc. have ratified a new labor deal, according to reports.

Steelworkers Approve New Labor Agreement With Cliffs Natural Resources

30 September 2016 - Members of the United Steelworkers union have ratified a three-year labor agreement with iron ore producer Cliffs Natural Resources, the company announced on Thursday.

Tata Steel Opens Pension Talks with Labor Representatives

26 September 2016 - Tata Steel executives are meeting with labor leaders at its U.K. steel works as the steelmaker looks for an agreement on changes to its pension plan, according to reports.

Union Workers at Republic Steel Ratify Labor Agreement

19 September 2016 - Members of the United Steelworkers have ratified a new, three-year labor agreement with Republic Steel, the union has announced.

Blaming Soft Plate Market, Essar Algoma Cuts Workforce

06 September 2016 - Canada’s Essar Steel Algoma is laying off more than six dozen employees owing to weakness in the plate markets, reports the online SooToday.com.

thyssenkrupp Engages Labor on European Steel Restructuring

01 September 2016 - thyssenkrupp and labor representatives have agreed to establish a task force that is to discuss, among other things, whether the company needs to merge steelmaking operations with others, according to the Reuters.

Cliffs Natural Resources, Steelworkers Shake Hands on New Labor Agreement

26 August 2016 - North American iron ore miner Cliffs Natural Resources Inc. has reached a tentative labor agreement with the United Steelworkers union, the company announced on Friday.

In Indiana, Steelworkers Rally Over U. S. Steel Layoffs, and ArcelorMittal Advances Optimization Plan

26 August 2016 - The United Steelworkers union is rallying this afternoon in downtown Gary, Ind., protesting U. S. Steel Corp.’s decision to layoff approximately three dozen maintenance workers at the Gary Works, reports The Times newspaper of northwest Indiana.