Cleveland-Cliffs announces that steelworkers have ratified new labor contract
In mining news on this Friday, Cleveland-Cliffs said that steelworkers have ratified a new 47-month labor contract.
This covers Hibbing Taconite and United Taconite, as well as the Cliffs mines in Michigan.
It goes into effect on Saturday.
Cliffs also has a deal on the table with their steel operations and Minorca Mine.
The other company, U.S. Steel, will head back to the bargaining table with their unions next week.