(RTTNews) - Cleveland-Cliffs Inc. (CLF) said that it has reached a tentative agreement with the United Steelworkers (USW) on a new 47-month labor contract for its legacy Mining and Pelletizing operations. The contract will be effective on October 1, 2022.
The contract will cover approximately 2,000 USW-represented employees at its Mining and Pelletizing locations in Northern Minnesota and in the Michigan Upper Peninsula.
The Company has now reached two tentative multi-year labor agreements covering approximately 14,000 USW-represented employees, more than half of its total workforce.
Each agreement is now pending ratification by USW local union memberships.
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