US’s leading steel maker Cleveland-Cliffs has reached a tentative agreement with the United Steelworkers on a new 47-month labor contract for its legacy Mining and Pelletizing operations. The contract will be effective on 1 October 2022 and will cover approximately 2,000 USW-represented employees at its Mining and Pelletizing locations in Northern Minnesota and in the Michigan Upper Peninsula. With the successful conclusion of the second and final portion of this negotiation with the USW, the Company has now reached two tentative multi-year labor agreements covering approximately 14,000 USW-represented employees, more than half of its total workforce.Each agreement is now pending ratification by USW local union memberships. No further details will be provided by the Company prior to ratification.Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to our comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employ approximately 27,000 people across its operations in the United States and Canada.
US’s leading steel maker Cleveland-Cliffs has reached a tentative agreement with the United Steelworkers on a new 47-month labor contract for its legacy Mining and Pelletizing operations. The contract will be effective on 1 October 2022 and will cover approximately 2,000 USW-represented employees at its Mining and Pelletizing locations in Northern Minnesota and in the Michigan Upper Peninsula. With the successful conclusion of the second and final portion of this negotiation with the USW, the Company has now reached two tentative multi-year labor agreements covering approximately 14,000 USW-represented employees, more than half of its total workforce.Each agreement is now pending ratification by USW local union memberships. No further details will be provided by the Company prior to ratification.Cleveland-Cliffs is the largest flat-rolled steel producer in North America. Founded in 1847 as a mine operator, Cliffs also is the largest manufacturer of iron ore pellets in North America. The Company is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. It is the largest supplier of steel to the automotive industry in North America and serves a diverse range of other markets due to our comprehensive offering of flat-rolled steel products. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employ approximately 27,000 people across its operations in the United States and Canada.
