{"id":502878,"date":"2021-06-10T16:20:55","date_gmt":"2021-06-10T20:20:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\/"},"modified":"2021-06-10T16:20:55","modified_gmt":"2021-06-10T20:20:55","slug":"timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\/","title":{"rendered":"TimkenSteel and United Steelworkers Local 1123 to Begin Contract Discussions on August 9"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CANTON, Ohio<\/span>, <span class=\"xn-chron\">June 10, 2021<\/span> \/PRNewswire\/ &#8212; TimkenSteel (NYSE: TMST) (<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3193110-1&amp;h=3947957924&amp;u=http%3A%2F%2Ftimkensteel.com%2F&amp;a=timkensteel.com\" rel=\"nofollow noopener\">timkensteel.com<\/a>) and the United Steelworkers will begin discussions on <span class=\"xn-chron\">August 9<\/span> regarding the current labor agreement that is set to expire on <span class=\"xn-chron\">September 27<\/span>. The current agreement covers approximately 1,180 bargaining employees at the company&#8217;s <span class=\"xn-location\">Canton, Ohio<\/span> operations. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/490225\/TimkenSteel_Corporation_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/490225\/TimkenSteel_Corporation_Logo.jpg\" title=\"TimkenSteel Corporation Logo. (PRNewsFoto\/TimkenSteel Corporation)\" alt=\"TimkenSteel Corporation Logo. (PRNewsFoto\/TimkenSteel Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;Our goal is to reach a fair, equitable agreement that supports the company&#8217;s vision and provides job security for our employees,&#8221; said <span class=\"xn-person\">Mike Williams<\/span>, president and CEO. &#8220;We hope to reach a timely agreement as our industry and customers endure rapidly changing market dynamics, and our company continues to focus on achieving sustainable profitability through all cycles while operating safely and responsibly each and every day.&#8221;<\/p>\n<p>Consistent with prior practice, the company will reserve further comment until discussions are complete, although periodic updates will be posted on <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3193110-1&amp;h=1019019437&amp;u=http%3A%2F%2Fwww.timkensteel.com%2Fagreement&amp;a=www.timkensteel.com%2Fagreement\" rel=\"nofollow noopener\">www.timkensteel.com\/agreement<\/a>. <\/p>\n<p>\n        <b>About TimkenSteel Corporation <br \/><\/b>TimkenSteel (NYSE: TMST) manufactures high-performance carbon and alloy steel products in <span class=\"xn-location\">Canton, Ohio<\/span> serving demanding applications in automotive, energy and a variety of industrial end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and precision components. In the business of making high-quality steel primarily from recycled materials for more than 100 years, TimkenSteel&#8217;s proven expertise contributes to the performance of our customers&#8217; products. The company employs approximately 2,000 people and had sales of <span class=\"xn-money\">$831 million<\/span> in 2020. For more information, please visit us at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3193110-1&amp;h=870338668&amp;u=http%3A%2F%2Fwww.timkensteel.com%2F&amp;a=www.timkensteel.com\" rel=\"nofollow noopener\">www.timkensteel.com<\/a>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL07769&amp;sd=2021-06-10\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9-301310384.html\">http:\/\/www.prnewswire.com\/news-releases\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9-301310384.html<\/a><\/p>\n<p>SOURCE  TimkenSteel Corp.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL07769&amp;Transmission_Id=202106101615PR_NEWS_USPR_____CL07769&amp;DateId=20210610\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire CANTON, Ohio, June 10, 2021 \/PRNewswire\/ &#8212; TimkenSteel (NYSE: TMST) (timkensteel.com) and the United Steelworkers will begin discussions on August 9 regarding the current labor agreement that is set to expire on September 27. The current agreement covers approximately 1,180 bargaining employees at the company&#8217;s Canton, Ohio operations. &#8220;Our goal is to reach a fair, equitable agreement that supports the company&#8217;s vision and provides job security for our employees,&#8221; said Mike Williams, president and CEO. &#8220;We hope to reach a timely agreement as our industry and customers endure rapidly changing market dynamics, and our company continues to focus on achieving sustainable profitability through all cycles while operating safely and responsibly each and every day.&#8221; Consistent with prior practice, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TimkenSteel and United Steelworkers Local 1123 to Begin Contract Discussions on August 9&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-502878","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TimkenSteel and United Steelworkers Local 1123 to Begin Contract Discussions on August 9 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TimkenSteel and United Steelworkers Local 1123 to Begin Contract Discussions on August 9 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CANTON, Ohio, June 10, 2021 \/PRNewswire\/ &#8212; TimkenSteel (NYSE: TMST) (timkensteel.com) and the United Steelworkers will begin discussions on August 9 regarding the current labor agreement that is set to expire on September 27. The current agreement covers approximately 1,180 bargaining employees at the company&#8217;s Canton, Ohio operations. &#8220;Our goal is to reach a fair, equitable agreement that supports the company&#8217;s vision and provides job security for our employees,&#8221; said Mike Williams, president and CEO. &#8220;We hope to reach a timely agreement as our industry and customers endure rapidly changing market dynamics, and our company continues to focus on achieving sustainable profitability through all cycles while operating safely and responsibly each and every day.&#8221; Consistent with prior practice, &hellip; Continue reading &quot;TimkenSteel and United Steelworkers Local 1123 to Begin Contract Discussions on August 9&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-10T20:20:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/490225\/TimkenSteel_Corporation_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TimkenSteel and United Steelworkers Local 1123 to Begin Contract Discussions on August 9\",\"datePublished\":\"2021-06-10T20:20:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\\\/\"},\"wordCount\":265,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/490225\\\/TimkenSteel_Corporation_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/timkensteel-and-united-steelworkers-local-1123-to-begin-contract-discussions-on-august-9\\\/\",\"name\":\"TimkenSteel and United Steelworkers Local 1123 to Begin Contract Discussions on August 9 - 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