Originally Posted by
Mesabi
12 yr CA rate for 2026 was $394.68 in original ask.
12 yr CA rate for 2026 is $374.40 in the new ask.
Thats a $20.28 reduction. It’s also way behind the “big boys”. Color me not amused.
The only saving grace is the market rate adjustment of this proposal would catch F9 up to legacy rates in year three, at the “end” of this new contract. If it actually worked.
Just a slight correction to this. Since the rate doesn’t change until 8/2026 the combined actual rate for 12yr CA in our updated ask would be $366. A 7% decrease from our initial economic proposal.