Cleveland-Cliffs to Acquire ArcelorMittal

The deal is worth roughly $1.4 billion. 

ST. LOUIS COUNTY, Minn. – Cleveland Cliffs has announced it has entered into a definitive agreement with ArcelorMittal to acquire all of the operations of ArcelorMittal and its subsidiaries. The deal is worth roughly $1.4 billion. Once the deal closes, Cleveland-Cliffs will be the largest flat-rolled steel producer in North America. The company will also be the largest iron ore…

United Steelworkers Local 6115 Vote Unanimously for Strike Authorization

Negotiations from both sides will resume on Thursday in Pittsburgh.

VIRGINIA, Minn. – A crucial vote for the members of the United Steelworkers (USW) Local 6115. The group in Virginia is demanding an increase in their wages and better benefits. One member told me as recently as 2015 they took some concessions like wage freezes since the company wasn’t doing so well. Now that they are, members want an increase in…