Cleveland-Cliffs Reaches Tentative Labor Deal With USW For Mining And Pelletizing Operations

(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.