Steel Mills
December 22, 2016
USW Wants Essar Back in the Bidding Process for Algoma, Cliffs Says No
Written by Sandy Williams
United Steelworkers Local 2251 wants clarification from the Ontario court on whether it has permission to talk with Essar Global backed Ontario Steelworks about its bid for Essar Steel Algoma.
Local 2251 favors a bid by Ontario Steelworks saying it would preserve the pension plan and union rights under the collective agreement. In July, the union negotiated a deal with Ontario Steelworks to purchase Essar Steel Algoma for $900 million that included paying city-owed taxes and preserving the union’s pension plan.
