Word: uswas
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...also got a major boost from the United Steel Workers of America union (uswa), which made major contract concessions to Ross to help get the business underway. So far, uswa seems to view Mittal's move as positive. Says union president Leo Gerrard: "Larger, stronger steel companies benefit our members and retirees." And outside analysts see a good fit between Mittal's surfeit of raw materials and ISG's demand for them. Raju Daswani, head of research at industry analysis firm Metal Bulletin Research, says: "Mittal [has] a lot of raw material production, but not much exposure to the high...
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