Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Metals

USW updates on labor talks with US Steel, ArcelorMittal ahead of Sep 1 expiry

Oil | Crude Oil | Refined Products | Gasoline

The future of liquid fuels in an energy transition

LNG | Natural Gas | NGL

Platts LNG Alert

Commodities | Metals | Steel | Materials | Building & Construction | Financial Services | Macroeconomics

Steel Markets North America Conference, 16th Annual

Metals | Steel

ASEAN's vehicle sector faces tough drive amid global, coronavirus woes

USW updates on labor talks with US Steel, ArcelorMittal ahead of Sep 1 expiry

Houston — The United Steelworkers union Friday released separate updates on the progress of labor contract negotiations with US Steel and ArcelorMittal USA, expressing slightly more positive sentiment about the former.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The USW said its bargaining team continued to negotiate with senior US Steel officials during the week, with local issue discussions wrapping up. Despite some challenges, the USW claimed it was making progress with US Steel.

A healthcare proposal was rejected by the company and the USW said it was continuing to push for wage adjustments after agreeing to go without increases during the existing three-year contract.

In its update to members regarding the ArcelorMittal negotiations, the union said the steelmaker continues to insist on "unnecessary and unreasonable concessions," particularly involving healthcare.

"We have made little progress with regard to our reasonable wage requests, and the company still has not responded to our pension proposal or adequately addressed our concerns about future capital expenditures, the apparently diminishing emphasis on repair and maintenance spending and manning issues, all of which are geared toward improving the long-term security of our jobs," the USW said in its letter.

Both US Steel and ArcelorMittal have three-year labor contracts with the USW that are set to expire on September 1.

--Michael Fitzgerald, michael.fitzgerald@spglobal.com

--Edited by Wendy Wells, wendy.wells@spglobal.com