U.S. Steel Reaches Tentative Agreement with United Steelworkers

Dec 19, 2015, 20:17 ET from United States Steel Corporation

PITTSBURGH, Dec. 19, 2015 /PRNewswire/ -- United States Steel Corporation (NYSE: X) today announced a tentative agreement with the United Steelworkers (USW) on a successor three-year collective bargaining agreement covering approximately 18,000 USW-represented employees at U. S. Steel's domestic flat-rolled and iron ore mining facilities as well as tubular operations in Fairfield, Ala., Lorain, Ohio and Lone Star, Texas. The tentative agreement remains subject to ratification.

"We are pleased that we have reached a tentative agreement in the best interest of our company, our stakeholders and our employees," said Mario Longhi, President and Chief Executive Officer. "We believe this competitive three-year contract further supports the mutual success we have had with the USW in pursuing our Carnegie Way efforts and confronting unfair trade that is significantly impacting our industry." 

Details about the tentative agreement will be made available following the completion of the ratification process.

SOURCE United States Steel Corporation



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