U.S. Steel board hopefuls are urged to sell non-union assets for Mon Valley upgrades
By JACK TROY
TribLive
The United Steelworkers claims an activist investor wants to sell U.S. Steel’s state-of-the-art facilities in Arkansas and funnel the proceeds toward its aging blast furnaces, including the Mon Valley Works in Southwestern Pennsylvania.
These legacy operations are unionrun, making Ancora Holdings Group’s apparent plan to flip the nonunion Big River facilities welcome news for USW.
Union leadership also noted plans for a new continuous casting and rolling facility at the Mon...