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Steelworkers Reap Benefits of Company Profits
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U S Secretary Of Labor, USW Visit Indiana, Advocate For Infrastructure Investment
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Cleveland-Cliffs President and CEO Lourenco Goncalves and U.S. Rep. Frank Mrvan, D-Highland, came together Monday to call for policies that would benefit the American steel industry.
After Mrvan toured the Cleveland-Cliffs Burns Harbor steel mill, the two held a Zoom press conference calling for the American Jobs Plan infrastructure package, Buy America policies promoting union jobs, trade rules enforcement and a continuation of the previous administration s Section 232 tariffs and quotas. An industry cannot survive if it s only looking at the next quarter or the next year, Goncalves said. Investments have to be made for the next generation. The industry depends on a return on investment in capital. Prices were artificially deflated because of dumping and subsidies. It was absurd. It took consolidation to focus on real jobs and economic development and a sustainable steel industry in this country. We need to take care of good-paying union jobs in the Midwest.