STEELWORKERS IMPROVE WAGES, PENSIONS AND JOB SECURITY IN 4-YEAR CONTRACT WITH U.S. STEEL

A new 4-year labor agreement between the United Steelworkers (USW) and U.S. Steel covering some 16,000 union members at 14 locations has been ratified by the membership in a mail-in secret ballot vote of 10,571 to 2,670, concluded here today at the unions headquarters. This is an historic agreement that completes the restructuring of the steel industry following its near collapse five years ago when a global financial crisis plunged company after company into bankruptcy, said USW International President Leo W. Gerard. The hard work of our members was instrumental in rescuing the industry and putting it back onto the road of profit that it rides today. continue reading