US’s leading steel maker Cleveland-Cliffs has reached a tentative agreement with the United Steelworkers on a new 4-year labor contract that will be effective on 1 September 2022 and would cover 12,000 USW-represented employees at the following facilitiesIndianaIndiana Harbor Works EastIndiana Harbor Works WestBurns Harbor WorksNew CarlislePennsylvaniaCoatesvilleSteeltonConshohockenOhioCleveland WorksWarrenColumbusIllinoisRiverdaleWest VirginiaMinnesotaOhioWeirtonIllinoisMinorcaThe USW said it improves base wages by 20% over current levels. The contract also requires no employee health care premiums and no changes to any cost sharing. It removes the requirement for spouses to elect other employer coverage, includes coverage for disposable insulin pumps for diabetics and provides coverage for eye exams and frames or lenses every 12 months regardless of whether there's a change in vision.The agreement is pending ratification by USW local union memberships.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. Cleveland-Cliffs is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serve a diverse range of other markets due to our comprehensive offering of flat-rolled steel products. Headquartered in Cleveland in Ohio, Cleveland-Cliffs employs 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 4-year labor contract that will be effective on 1 September 2022 and would cover 12,000 USW-represented employees at the following facilitiesIndianaIndiana Harbor Works EastIndiana Harbor Works WestBurns Harbor WorksNew CarlislePennsylvaniaCoatesvilleSteeltonConshohockenOhioCleveland WorksWarrenColumbusIllinoisRiverdaleWest VirginiaMinnesotaOhioWeirtonIllinoisMinorcaThe USW said it improves base wages by 20% over current levels. The contract also requires no employee health care premiums and no changes to any cost sharing. It removes the requirement for spouses to elect other employer coverage, includes coverage for disposable insulin pumps for diabetics and provides coverage for eye exams and frames or lenses every 12 months regardless of whether there's a change in vision.The agreement is pending ratification by USW local union memberships.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. Cleveland-Cliffs is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling, and tubing. Cleveland-Cliffs is the largest supplier of steel to the automotive industry in North America and serve a diverse range of other markets due to our comprehensive offering of flat-rolled steel products. Headquartered in Cleveland in Ohio, Cleveland-Cliffs employs approximately 27,000 people across its operations in the United States and Canada.