US Steel, union to resume bargaining this week

Market: Coking coal, Metals
03/10/22

Contract negotiations between integrated steelmaker US Steel and the United Steelworkers (USW) union are set to resume this week.

The two sides will meet on 5 October to work on a contract that would replace an agreement that expired on 1 September, USW said in a statement. Both sides indefinitely extended the prior contract at the end of August as they continued to disagree over key details, such as pay and health care.

US Steel on 26 September filed an unfair practice complaint with the National Labor Relations Board, saying the union had not responded to its 30 August proposal.

The company on 29 September said it submitted an updated proposal to the union, increasing its pay proposal for the first year to 4pc from a previous proposal of 3pc, and keeping pay increases for the next three years unchanged. The company also revised its health care proposal to the union.

By Rye Druzin

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Mexico’s industrial output up 0.1pc in November

13/01/25

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13/01/25

Mexico’s industrial output up 0.1pc in November

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Lithium prices unlikely to recover in 2025

13/01/25

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13/01/25

Lithium prices unlikely to recover in 2025

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US added 256,000 jobs in December

10/01/25

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10/01/25

US added 256,000 jobs in December

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Eurofer requests steel import duty, quota changes

09/01/25

News

09/01/25

Eurofer requests steel import duty, quota changes

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