Steelworkers Ratify New Contract with Moly-Cop AltaSteel

EDMONTON, June 7, 2018 /CNW/ - United Steelworkers (USW) Local 5220 members have ratified the tentative agreement reached with Moly-Cop AltaSteel Ltd. in Edmonton on May 27, 2018. The four-year agreement was accepted by 90% of the members voting at dual meetings yesterday.

The workers had been working without a contract since the previous agreement expired July 31, 2017.

"We are sure that the new agreement will provide the path forward for the relationship between the union and the company and that the parties will be able to focus on building AltaSteel," said Paul Perreault, President of USW Local 5220.

"The Bargaining Committee wishes to express our thanks to the membership for their support and also thank AltaSteel's customers for their patience."

Moly-Cop AltaSteel, owned by American Industrial Partners of New York City, is a leading provider of grinding media for mines both nationally and internationally, supplying to major miners such as Highland Valley Copper, Teck, Rio Tinto, U.S. Steel and BHP. Moly-Cop AltaSteel is also a preferred supplier of reinforcing bars primarily for the Western Canadian market.

SOURCE United Steelworkers (USW)