Steelworkers, U.S. Steel Reach Tentative Contract Agreement - News Summed Up

Steelworkers, U.S. Steel Reach Tentative Contract Agreement


The United Steelworkers union has struck a tentative agreement for a new labor contract with U.S. Steel Corp. X -2.27%A spokesman for the union said in an email Monday afternoon the initial deal was in place, but further details weren’t immediately available. Workers for the Pittsburgh-based steelmaker have been pushing for raises in a new contract. The implementation of 25% tariffs on steel imports have helped U.S. steel companies raise prices amid strong economic growth.


Source: Wall Street Journal October 15, 2018 20:26 UTC



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