Final Thoughts
September 11, 2015
Final Thoughts
Written by John Packard
My opinion (and many of the items discussed in my Final Thoughts articles are just that – my opinion) is that we are getting close to seeing a disruption of services at one mill and we probably are close to possibly seeing two mills (ArcelorMittal and US Steel) lockout the USW members at their mills.
ArcelorMittal walked away from negotiations over the weekend. The union will be conducting meetings at their mills during the first half of this week. I do not know exactly what concessions have been made (on either side) but it appears that AM is committed to get something. They are well positioned in the world to see the dangers lurking that could affect the viability of their mills in North America. They need to be able to compete not only with their EAF competitors in North America but against the Chinese and others.
