For An Annual Commitment Of Just $5 - Become An Individual Subscriber/Supporter Of WNYLaborToday.com
Subscriber Log In
Buffalo AFL-CIO Central Labor Council Denise Abbott,
President
Click Here for
Buffalo CLC Web Site
Niagara-Orleans AFL-CIO Central Labor Council Jim Briggs,
President
Click Here for
Niagara-Orleans CLC Web Site
Karen Butinski,
President
Click Here for Web Site
:"" Don Williams, Jr.,
President
Click Here for Web Site
Ryan Sweeney,
President
Click Here for Web Site

Recent News

More news >>

USW Leaders ‘Demand Pay Increase As Profits Rise’ After Tariffs

Published Sunday, September 16, 2018
by Megan Keller/The Hill
USW Leaders ‘Demand Pay Increase As Profits Rise’ After Tariffs

(PITTSBURGH, PENNSYLVANIA) - Leaders of the United Steelworkers (USW) Union are demanding higher wages from two of the biggest U.S. Steelmakers as Republican President Donald Trump's tariffs propel industry profits.

"We ‘feel we need some recognition and to share in the profits of the company,’" said Michael Young, who serves as President of the Union's branch for the Midwest plant of U.S. Steel Corporation, one of the companies facing down Union Leaders according to The Wall Street Journal.

The price of steel jumped by more than 30% this year after the U.S. levied tariffs on foreign steel, causing profits to rise for the industry generally.

Union Leaders say Workers aren't seeing their compensation rise appropriately at U.S. Steel and ArcelorMittal SA, which make up 40% of the U.S. production capacity for flat-rolled steel.

According to The Journal, Union Leaders are authorized to initiate a Strike at U.S. Steel.

They told The Journal that Workers at ArcelorMittal may shortly follow if an adequate agreement isn't reached

Both companies' contracts expired on September 1st. 

"Our plants continue to operate in a safe and orderly fashion, U.S. Steel said in a statement.  "While we are aware of the Strike Authorization Vote, talks are ongoing and we continue to work diligently to reach a mutually agreeable conclusion."

ArcelorMittal could not be immediately reached for comment.

To Directly Access This Labor News Story, Go To: http://thehill.com/policy/finance/406144-steel-workers-union-leaders-demand-pay-increase-as-profits-rise-after-tariffs

Comments

Leave a Comment