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BusinessSaturday, November 7

Cleveland-Cliffs and the Steelworkers reach new four-year labor agreements

The 5AM Cleveland teamFrom Saturday’s edition · 1 min read · 2 sources

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Cleveland-Cliffs has reached new four-year labor agreements with the United Steelworkers, the company announced Friday. They cover steel plants and mining operations in Ohio, Indiana, Pennsylvania, Minnesota and Michigan, and they resolve all labor contracts currently up for renewal.

Chairman and CEO Lourenco Goncalves said the agreements “give us the stability we need to invest, compete and continue strengthening American steelmaking.” Cleveland-Cliffs is headquartered in Cleveland.

The deals cover about 12,000 of Cliffs' roughly 25,000 workers

12,000USW-represented employees covered by the new agreements

Sources: Cleveland.com, WTRF

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Value
USW-represented employees covered by the new agreements12,000
  • Covered: about 12,000 USW-represented employees
  • Cliffs workforce: about 25,000 in the U.S. and Canada
  • Next step: ratification by USW local union memberships

4 yearslength of the new labor agreements

The agreements resolve all labor contracts currently up for renewal.

Sources: Cleveland.com, WTRF

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