The billions in state funds being called for are aimed not at saving jobs, but preserving the fortunes of the big shareholders.
The announced deal will position Cleveland-Cliffs as the top producer of flat-rolled steel and iron ore pellet in North America and intensify the restructuring of the global steel industry.
The USW is preparing to betray the 450 workers who have been on strike against NLMK since August 22.
Major corporations, banks and hedge funds are using the pandemic to launch attacks on wages and jobs worked out long before the crisis.
The layoffs in Indiana and Ohio are part of an ongoing global assault on steelworkers’ jobs.