Tag

Steelworkers

All articles tagged with #steelworkers

business2 years ago

"Steelworkers President Challenges U.S. Steel-Nippon Steel Deal for Violating Labor Agreement"

The president of the United Steelworkers International Union, David McCall, has called the sale of U.S. Steel to Nippon Steel void, citing a violation of their collective bargaining agreement. McCall argues that U.S. Steel failed to notify the union of the proposed sale, and believes the deal is bad for America and steelworkers. The union has concerns about national security, domestic supply chain issues, pension plans, retiree healthcare, and the potential closure of blast furnace operations. They are considering legal action to stop the deal.

business2 years ago

Potential U.S. Steel Sale Sends Shockwaves Through Steelworkers and Auto Industry

Steelworkers at U.S. Steel are shocked and worried about the potential sale of the company, but their contract includes strict succession clauses that protect jobs, pay, and benefits if ownership changes. Multiple offers have been received, including bids from Cleveland-Cliffs and Esmark. The United Steelworkers Union has expressed concerns about the direction of the company and its investments. While the future remains uncertain, the union is closely monitoring the situation and will work to protect workers' rights and benefits.