The Stel Salaried Pensioners Organization wishes to thank The Hamilton Spectator for permission to post the following article by Reporter Naomi Powell published in the June 8, 2006 edition

Cross purposes

Steelworkers want higher wages, Stelco wants to cut costs

By Naomi Powell
The Hamilton Spectator
(Jun 8, 2006)

Stelco's largest group of unionized workers is seeking higher wages and pension benefits for pensioners from the same management team that has identified cost cutting as its top priority.

Stelco is negotiating a new contract with Local 1005 of the United Steelworkers union at the company's Hamilton Steel operations, where labour-management relations have a long, troubled history.

Local 1005's current contract expires July 31.

The proposals come only weeks after Stelco CEO Rodney Mott told industry analysts that cuts to benefits and the number of employees were at the heart of his strategy to make the steelmaker profitable again.

"The main things we'll be looking at ... are overall staffing and benefits programs, our use of contractors and relationships with suppliers," Mott told analysts in May. "This is the typical stuff you'd do during a restructuring. We don't have any details, just a lot of areas under review."

The union bids for increased wages and pension benefits for existing pensioners were included in a contract proposal outline distributed at a recent membership meeting. Other proposals include improved dental and vision care, elimination of a $70,000 cap on lifetime health care, and an increase in the wage differences between job classes.

Stelco has already upset salaried employees and retirees by announcing plans to cut benefits by reducing vacations, changing the drug plan and forcing employees to pick up part of the cost of dental visits.

Any attempt to cut benefits for the unionized workers will face serious opposition as the company struggles to restructure after two years in bankruptcy protection.

"A strike would be disastrous for Stelco right now," said Anil Verma, a professor at the University of Toronto specializing in labour relations. "Buyers can all go somewhere else. The customers can all flee at a moment's notice."

The union outline notes that Stelco experienced record losses as well as record profits during two years under the Companies Creditors' Arrangement Act. Rolf Gerstenberger, president of Local 1005, has maintained the CCAA process was a thinly veiled attempt by the company to gain concessions from the workers.

"The company's come back from bankruptcy and the steel prices are up, so the union will be saying 'Give us more,'" Verma said. "The company will be looking at how they can catch up with the costs and productivity of the competition, on which scale they are behind."

Analysts have predicted steel prices will climb at least 9 per cent -- to about $600 US per tonne -- in the third quarter.

Meanwhile, the group representing Stelco's salaried pensioners is awaiting a response to its request for a meeting with Mott to discuss cuts to their benefits. "When we retired, it was with the understanding that our health and welfare benefits would continue, without reduction, for the rest of our lives," Gary Dallin, chair of the Stel-Salaried Pensioners Organization, said in a letter to Mott. "It is our belief that, with the provincial loan agreement, Stelco has the means to achieve its stated goal of returning the company to profitability without reducing the health and welfare benefits provided to salaried pensioners."

Stelco emerged from bankruptcy protection partly in thanks to a $150-million loan contribution to the company's mammoth $1.3-billion pension deficit. Neither Stelco nor Gerstenberger would comment on the negotiations.

npowell@thespec.com

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