According to U. S. Steel, the agreements, which are retroactive to 1 September 2022, provide a US$4,000 appreciation bonus, increases in U. S. Steel’s pension contribution and increases to base wages. U. S. Steel said that wages will have risen more than 21% by the time the contracts expire in September 2026.  

“The new agreements balance the needs of our employees, customers, stockholders and other stakeholders. We will continue to work together in implementing our Best for All strategy and transforming the future of steel through strategic investments in innovation, sustainability, operational excellence and the communities in which we operate,” said U. S. Steel president and chief executive David B. Burritt. 

The agreements members of 13 USW locals at U. S. Steel’s domestic flat-rolled facilities, iron ore mining facilities and applicable tubular operations.

“With the new contract ratified, union members will be safer at work and our jobs and benefit more secure than they have been in the past,” said USW District 7 director Michael Millsap, who chaired the union’s bargaining committee. “Our continued solidarity will ensure that we keep the tradition of steelmaking alive in our communities for another generation of Steelworkers.”