Loading prices...

Register/Sign in
ScrapMonster
Are ads getting in your way? Register for Ad-free pages and live data.
Get an instant offer on your damaged car
Steel News July 22, 2022 01:00:00 PM

Canadian Steelmaker Signed Tentative Agreement with USW Local 2724

Paul Ploumis
ScrapMonster Author
The five-day ratification period commenced on 21st July and will end on 25th.
Canadian Steelmaker Signed Tentative Agreement with USW Local 2724

SEATTLE (Scrap Monster): Algoma Steel Group Inc. announced that it has reached a tentative agreement for a new labour contract with United Steelworkers (“USW”) Local 2724, the union that represents the technical, professional and front-line supervisory employees of the company.

ALSO READ: Algoma Steel Signed Contract to Boost Transition to EAF Steelmaking

The five-day ratification period commenced on 21st July and will end on 25th. Further details of the agreement were not available as the company plans to publish the same only after the conclusion of informal meetings by the Union. It must be noted that the current collective agreement is due to expire on 31st July this year.

According to company press release, it is in discussions with the hourly employees represented by USW Local 2251 and that it is hopeful of reaching an agreement before the contract expires on July 31, 2022.

Commenting on the outcome, Michael Garcia, President and Chief Executive Officer, Algoma said that the new labour contract provides an economic package that is acceptable to both parties. The company will set out the process to transition the workforce to electric arc steelmaking. He expressed immense pleasure in arriving at a tentative agreement with its salaried union local.

Are ads getting in your way? Register for Ad-free pages and live data.

How to Recycle

Proper Disposal of Alkaline Batteries

Proper Disposal of Alkaline Batteries

Improper disposal of alkaline batteries can result in various negative consequences. Explore our blog post to discover safe disposal methods.
Christmas Tree Recycling - Responsible Ways

Christmas Tree Recycling - Responsible Ways

Proper preparation and using a reliable Christmas tree recycling directory ensures responsible disposal and maximizes the benefits.
Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop Throwing Away LED Light Bulbs -- Do This Instead

Stop throwing away LED light bulbs and dispose of them responsibly. Proper disposal ensures environmental safety and sustainability.
powered by RecyclingMonster
Are ads getting in your way? Register for Ad-free pages and live data.
×

Quick Search

Advanced Search