Market Segment
September 2, 2015
ArcelorMittal Accepts "Continue to Work" Agreement
Written by Sandy Williams
On Monday, Aug. 1, ArcelorMittal accepted the USW offer to continue to remain at the negotiation table under a “continue to work agreement.”
“We believe this “continue to work agreement” provides the fullest opportunity to resolve our differences and demonstrates both parties commitment to negotiating in good faith to achieve a mutually beneficial agreement and thereby avoid a work stoppage,” wrote ArcelorMittal USA in a statement.
According to the agreement, either party could issue a 48-hour notice for a strike or lockout if contract talks should break off. A deadline for a contract resolution has not been set.
