Archive for January 1st, 2007
Where next for the steel Industry
2006 has proved to be a year of major changes within the world wide steel industry. The first half of the year saw the takeover of Arcelor by Mittal develop in to almost “soap opera” complexity, as claims and counter claims were exchanged by the various factions involved. Inevitably the shareholders got their way and [...]
Posted: January 1st, 2007 under Steel Comment, Steel International.
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Union leaders embrace AK Steel offer as lockout nears 11 months
With the lockout at AK Steel’s Middletown Works entering its 11th month, leaders of the union representing some 1,800 workers have done an about-face. They are now embracing contract terms that members overwhelmingly rejected in October.
The union has dropped its opposition to outsourcing work, the union president said, but wants assurances that the company won’t [...]
Posted: January 1st, 2007 under Steel News.
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