Steelworkers ratify another labor contract with Cleveland-Cliffs
Cleveland-Cliffs announced Wednesday that its new labor agreement with the United Steelworkers (USW) has been ratified.
The contract covers approximately 12,000 USW-represented employees at 13 operating locations, and has a 4-year duration from its starting date of September 1, 2022.
Minorca is included in this contract.
Combined with the previously ratified labor agreement covering 2,000 USW-represented employees at the Company’s mining and pelletizing operations, Cliffs and the USW have concluded the renegotiating cycle with contracts valid through September of 2026.
Lourenco Goncalves, Chairman, President and CEO said, “Cleveland-Cliffs is a people oriented company. These labor agreements, covering more than half of our entire workforce, support that statement. Our workforce has made these past two years possible, including navigating a monumental transformation and growth, overcoming the challenges of a pandemic, and adapting to an ever-changing business climate. Going forward, we will continue to promote our employees’ well-being as the basis of our success, for the benefit of our clients and our long-term shareholders.”