Sunday's announcements from United Steelworkers have talked about a new tentative agreement that the company has signed with U. S. Steel to resolve issues of steep cuts to worker's wages and benefits.
According to the company's officials, a three-year labor contract has been signed between both the companies for all those 16,000+ workers that are working at the company's U. S. facilities.
It seems that the union's efforts (since June) for negotiating for a collective-bargaining agreement with the steelmaker have finally seen a reward with this tentative agreement though members of the union have yet to cast their deciding vote on the agreement.
With this tentative agreement, union negotiations are still on with Luxembourg-based ArcelorMittal i. e. the world's largest steelmaker that is operating steel plants in Indiana, Ohio and several other states, for a new labor contract.
"We have been exchanging proposals with the company and remain engaged in negotiations", USW President Mr. Leo W. Gerard said in a statement. He cleared that although negotiations are ongoing, members of the union will not halt their working under the terms that were set in a 2008 contract.
United Steelworkers has 850,000 workers working in the United States, Canada and the Caribbean.
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