U. S. Steel Reaches Tentative Agreement with USW
09/04/2012 - United States Steel Corporation announced a tentative agreement with the United Steelworkers (USW) on a successor three-year collective bargaining agreement covering approximately 17,000 USW-represented employees at its domestic operations.
United States Steel Corporation announced a tentative agreement with the United Steelworkers (USW) on a successor three-year collective bargaining agreement covering approximately 16,000 USW-represented employees at U. S. Steel’s domestic flat rolled and iron ore mining facilities as well as tubular operations in Lorain, Ohio, and Fairfield, Ala. The tentative agreement remains subject to ratification.
In addition, U. S. Steel announced that its U. S. Steel Tubular Products, Inc. subsidiary also reached a tentative agreement with the USW on a successor three-year collective bargaining agreement covering approximately 1,000 USW-represented employees at U. S. Steel Tubular Products, Inc.’s Texas Operations Division, a welded tubular products facility in Lone Star, Texas. The tentative agreement also remains subject to ratification.
Commenting on the announcements, U. S. Steel Chairman and Chief Executive Officer John P. Surma said, "We are pleased that a tentative agreement was reached with the United Steelworkers on a competitive three-year contract. We believe that this agreement is in the best interests of our company, our employees and all of our stakeholders."
Details about the tentative agreements will be made available after the ratification processes are complete.