Fight Over US Steel Shows Union’s Enduring Clout
Cleveland-Cliffs still faces hurdles to pulling off a deal, but the union’s seal of approval at least puts it in contention.
A statue of American folk hero Joe Magarac at a US Steel Corp. mill in Braddock, Pennsylvania.
Photographer: Bloomberg
Welcome to Energy Daily, our guide to the energy and commodities powering the global economy. Today, Metals and Mining Reporter Joe Deaux takes a look at the fight for ownership of storied producer US Steel Corp. To get this newsletter in your inbox, you can sign up here.
As the battle over United States Steel Corp. heats up, it’s becoming clear that rank-and-file workers will have a crucial say in the firm’s future.