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Cleveland-Cliffs, United Steel Workers reach tentative labor deal for Mansfield Works

Cleveland-Cliffs, United Steel Workers reach tentative labor deal for Mansfield Works CRAIN S CLEVELAND BUSINESS Print Cleveland-Cliffs Inc. (NYSE: CLF) said it has reached a tentative agreement with the United Steelworkers for a new, 53-month labor contract covering about 300 USW-represented workers at the company s Mansfield Works. The agreement is pending ratification by union members and would be effective retroactive to April 1. Cliffs said in a news release that it will not release details of the contract, pending ratification. Lourenco Goncalves, chairman, president and CEO of Cliffs, said in a statement, We are pleased to reach a new labor contract with the USW for our employees at Mansfield Works, one of our several EAF (electric arc furnace) steel mills. He described the agreement as fair and equitable to both parties and said Cliffs sees the USW as a very important partner with a lot more in common with our company than disagreements.

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