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The 2021 Allegheny Technologies strike was a labor strike involving about 1,300 workers for metals manufacturing company Allegheny Technologies Incorporated (ATI), all unionized with the United Steelworkers (USW). The strike began on March 30 and ended on July 13 with the ratification of a new labor contract.
The United States Steel Corporation is an American steel company based in Pittsburgh, Pennsylvania, with production facilities in the U.S. and Central Europe.. The company produces and sells steel products, including flat-rolled and tubular products for customers in industries across automotive, construction, consumer, electrical, industrial equipment, distribution, and energy.
The Gary Works remains Gary's largest single employer and a key element of the city's tax base, [6] but employment levels have fallen substantially since the mid-20th century; the plant and allied facilities employed over 30,000 people in the early 1970s, but only 6,000 in 1990, [7] 5,000 in 2015, [8] 2,500 in 2021, [9] and 2,246 in 2023. [10]
It also pledged 3,000 euro ($3,160) closing bonuses to employees in Europe, which would result in a nearly $100 million total payment to employees. ($1 = 0.9496 euros)
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce. The board, which was jointly ...
China now makes more than half of the world’s steel, followed by India, Japan, and the United States. Nippon Steel is the world’s fourth-biggest steelmaker, while US Steel is 24th. Since 2010 ...
The median employee salary at U.S. Steel is $100,156, which is a CEO pay ratio of 167:1 according to SEC filings. [ 14 ] In December 2022, Burritt worked with members of the United Steelworkers union to ratify a four-year contract that would cover 11,000 workers at 13 U.S. Steel locations and included a $4,000 bonus.
The steelmaker's CEO David Burritt told WSJ the nearly $3 billion Nippon had pledged to invest in U.S. Steel's older mills was crucial to remain competitive and maintain workers' jobs. "We wouldn ...