15
Jul
17:22
Labour negotiations begin with US Steel, Cleveland-Cliffs
US Steel and Cleveland-Cliffs met with representatives from the United Steelworkers this week to discuss terms, as contracts end 1 September, Kallanish reports.
According to the USW update from the first day of negotiations, USW members and US Steel reached an agreement on inflation recognition payment (IRP). Labour and industry agreed to a 5% IRP bonus payment based on the total earnings of the employee in the second quarter of 2022. The areas left for bargaining…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous