Algoma Steel contract talks break down
CTV
Talks between Algoma Steel and United Steelworkers Local 2251 appear to have broken down.
Friday night the company announced it had presented the negotiating committee with a “revised best and final offer” and the committee again refused to bring the offer to its membership for a vote.
“Algoma believes its offer to 2251 provides a highly competitive compensation package that is superior to many of the Company’s peers in the industry and includes numerous health and wellness benefit enhancements and protections offered by the Company in an effort to reach an agreement,” the company said in its media release Friday.
Algoma Steel and United Steelworkers Local 2251 contract negotiations had been proceeding following at 15-day extension that was negotiated on July 30.
The union’s negotiating committee indicated that a key issue with the cost of living adjustment (COLA) was addressed prior to the extension allowing the union to continue to negotiate.
