Steelworkers Ratify Pact at U.S. Steel

PITTSBURGH (KMOX/AP)- Members of the United Steelworkers have approved a new three-year contract with U.S. Steel that includes its union employees at the Granite City Works in Granite City, Illinois.

The union said in a statement Friday that members ratified the contract by a margin of about four to one.

Both sides of the negotiating team had announced the agreement earlier this month.

The union said the contract provides for 4.5 percent in wage increases over the next three years and protects health care benefits for
retirees. It covers more than 16,000 workers in Illinois, Indiana, Michigan, Ohio, Minnesota, Pennsylvania, and Alabama.

Commenting on the announcement, U.S. Steel Chairman and CEO John P. Surma said, “U.S. Steel is pleased with the outcome of the ratification vote. We believe this newly approved and competitive three-year agreement is in the best interests of our company, our employees, and all of our stakeholders.”

TM and © Copyright 2012 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2012 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.


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