Vale Reaches Agreement to End Yearlong Strike by Nickel Workers

Metals Jul 05, 2010 No Comments

Nickel prices are down only marginally (less than 1%) on news of likely end to Vale strike in Sudbury, Canada

The provisional accord is for a five-year deal, Brazil’s Vale said late yesterday in a statement. The United Steelworkers union said in a separate statement it will vote on the settlement on July 7 and 8 in Sudbury, Ontario, and July 8 in Port Colborne, also in Ontario.

via Vale Reaches Agreement to End Yearlong Strike by Nickel Workers – Bloomberg.com.

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Rod Sherkin

Rod is a former senior executive, responsible for Purchasing, for both Pillsbury and Ball Packaging back in the 80’s and 90’s. Since then, he has continued to work in the Purchasing field as both a consultant and founder of the website Propurchaser.com.

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