Steel News


Union issues, contract negotiations and layoffs.

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thyssenkrupp, Labor Union Agree to Long-Term Strategic Plan, Coronavirus Curtailments 

25 Mar 2020 - thyssenkrupp and the IG Metall labor union have come to terms on a plan in which the company will shed 3,000 steel jobs over six years, but will invest EUR800 million in its plants during that time, thyssenkrupp has announced. 

Plummeting Oil Prices Force Tenaris to Reduce U.S. Workforce 

23 Mar 2020 - Pipe and tube manufacturer Tenaris is laying off more than 900 people at its U.S. facilities as the sudden decline in oil prices have ground the energy tubular market to a halt. 

Union Employees at Cleveland-Cliffs Mill OK New Labor Deal 

19 Mar 2020 - Union employees at Cleveland-Cliffs Inc.’s Middletown Works in Ohio have ratified a three-year labor agreement, the company said Thursday. 

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