Latest news with #Steelworkers
CTV News
a day ago
- Business
- CTV News
Steelworkers calling for measures to protect industry jobs
WATCH: Steelworkers in Sask. are calling on the federal government to implement measures that would protect steel industry jobs. Wayne Mantyka explains.
Washington Post
7 days ago
- Business
- Washington Post
Musk is done with Washington, but Washington isn't done with him
Good morning, Early Birds. If you're coming to D.C. for WorldPride, welcome. Send your thoughts and feedback to earlytips@ Thanks for waking up with us. In today's edition … Trump is speaking with steelworkers in Pittsburgh today … Abigail Spanberger puts out the first ad of her race for Virginia governor … but first …
Yahoo
26-05-2025
- Business
- Yahoo
U.S. Steel makes statement on President Trump
United States Steel Corporation issued the following statement: 'President Trump is a bold leader and businessman who knows how to get the best deal for America, American workers and American manufacturing. U. S. Steel will remain American, and we will grow bigger and stronger through a partnership with Nippon Steel that brings massive investment, new technologies and thousands of jobs over the next four years. U. S. Steel greatly appreciates President Trump's leadership and personal attention to the futures of thousands of steelworkers and our iconic company.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on X: Disclaimer & DisclosureReport an Issue Nippon approved to buy U.S. Steel for $55 per share, CNBC's Faber says Trump approves Nippon Steel acquisition of U.S. Steel, Nikkei reports U.S. Steel up another 3% to $53.70 after Nikkei says Trump approved buyout Trump approves Nippon purchase of U.S. Steel, Nikkei reports U.S. Steel extends rise to 22% after Trump post about Nippon Steel 'partnership'
Yahoo
08-04-2025
- General
- Yahoo
Steelworkers Humanity Fund contributes $20,000 in response to humanitarian emergency caused by earthquake in Myanmar
TORONTO, April 08, 2025 (GLOBE NEWSWIRE) -- The Steelworkers Humanity Fund is donating $20,000 to Oxfam-Québec to support its appeal for the humanitarian emergency following the recent earthquake in Myanmar. Last week, a 7.7-magnitude earthquake struck Myanmar, causing widespread destruction. Estimates now put the official death toll at over 2,900 people, with thousands more injured and displacing 1.6 million in the central and northwest parts of the country. Prior to this catastrophe, Myanmar was already facing turmoil, trapped in a civil war that has displaced around 3.5 million people. Despite the earthquake, the military junta in power has persisted with operations against armed insurgent groups, leaving little resources for relief and rescue operations. The Steelworkers Humanity Fund will contribute $20,000 to Oxfam-Québec to respond to the basic needs of those affected by this major disaster, including providing drinking water and sanitation, food and hygiene kits including menstrual hygiene products. 'The Steelworkers Humanity Fund is committed to supporting the humanitarian efforts in this time of crisis,' said Marty Warren, USW National Director and President of the Steelworkers Humanity Fund. 'We stand with the people of Myanmar and are hopeful that this contribution, made possible by the continued generosity of Steelworkers across the country, can bring some relief to those who need it most.' Founded in 1985, the Steelworkers Humanity Fund is a registered charitable organization that focuses primarily on development projects and emergency aid in developing countries, but also supports Canadian communities. USW members contribute to the fund through clauses negotiated into collective agreements. In some cases, employers make matching contributions to the fund. For more informationMarty Warren, President, Steelworkers Humanity Fund, 416-544-5951Guillaume Charbonneau, Executive Director, Steelworkers Humanity Fund, 416-544-5944, gcharbonneau@ Hume, USW Communications, 416-553-2421, khume@ A photo accompanying this announcement is available at in to access your portfolio
Yahoo
20-03-2025
- Business
- Yahoo
Cleveland-Cliffs to temporarily idle 2 Minnesota mines; 630 workers laid off
Cleveland-Cliffs has confirmed its plans to idle two of its plants on Minnesota's Iron Range, resulting in 630 workers being laid off. The Ohio-based steel manufacturer has informed state authorities of the impending changes, which will lead to the temporary idling of its Minorca mine near Virginia and the partial idling of Hibbing Taconite (Hibtac). A statement from the company, reported by the Duluth News Tribune, states that the idles "are necessary to re-balance working capital needs and consume excess pellet inventory produced in 2024." The 630 employees "will be impacted following the completion of the 60-day WARN period," the statement continues, adding: "We remain committed to supporting our employees and communities while monitoring market conditions." Cleveland-Cliffs owns Minorca Mine in its entirety, and is the majority owner of HibTac, with U.S. Steel a minority owner. MPR News reports the two mines employ around 4,000 people combined. The news first emerged via a statement from State Sen. Grant Hauschild (DFL-Hermantown), who said it comes at a time of challenges in the automobile industry, a major customer for the Iron Range's taconite pellet supplies, and against a broader backdrop of fears over a potential recession amid President Donald Trump's ongoing tariff war. View the to see embedded media. "This is difficult news for our Steelworkers, their families, and our entire Iron Range community. Mining isn't just an industry here – it's our way of life," said Senator Hauschild. "The men and women who work in our mines are the backbone of the Range, and their hard work has built and sustained communities across Minnesota for generations. When our Steelworkers hurt, we all hurt.' "But in Minnesota, we have each other's backs. We go out of our way to help one another—not because it makes us feel good, but because we know that life is easier when we stand together. And right now, we need to stand with these Steelworkers and their families as they navigate this uncertain and difficult time." Rep. Spencer Igo (GOP-Wabana Township) described the decision as "a devastating announcement for our region." "I've been in discussions with both Cleveland-Cliffs and local union leaders to ensure that those impacted have access to the resources and assistance they need during this difficult time," he said. "Our mining industry has been the backbone of Northern Minnesota for generations and steel is the backbone of our country, but policies at both the state and federal levels have made it harder for our domestic production to thrive. We need leadership that prioritizes American workers, strengthens our local industries, and brings stability back to our economy. I will continue fighting to ensure that mining remains a strong and vital part of our region's future."
