21
Jul
21:02
USW opposes US Steel Canada fund infusion
The United Steelworkers (USW) labour union is asking an Ontario court to reject US Steel Canada’s request for $1.57 million to retain key management employees, Kallanish reports.
The bankrupt steelmaker suspended health benefits for about 20,000 pensioners and spouses in 2015 as a part of its restructuring process. In addition to the $1.57m in retention funds, US Steel Canada has asked for its sales and investment solicitation process to be extended to 30 …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
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