Market Segment
No Deal Yet Between USW, ArcelorMittal
Written by Sandy Williams
October 27, 2018
Contentious issues continue to stymie negotiations between United Steelworkers and ArcelorMittal. Although progress has been made toward a new labor agreement, USW officials say the union remains at odds with the company over a number of proposals including those regarding profit sharing and pensions.
“Our union is dedicated to seeing this process through to the end, and we are keenly aware that management would like nothing more than for us to give up and allow the company to nickel and dime its way out of the industry pattern,” said the USW in an update to members. ”We will not let that happen.
“We have worked too hard for too long to allow management to frustrate our good faith attempts to bargain fair contracts that meet the needs of our membership and acknowledge the important role Steelworkers play in every aspect of the company’s success.”
While ArcelorMittal employees work toward finding common ground with management, U.S. Steel employees were informed on Friday that a summary of the tentative agreement between the USW and U.S. Steel is in the mail along with a ballot for voting.
The four-year contract at U.S. Steel covers approximately 14,000 USW-represented employees.
Sandy Williams
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