ArcelorMittal Bargaining Update #26: Tentative Agreement Reached

USW/ArcelorMittal

Negotiations

Update #26

April 27, 2016

Committee Reaches Tentative Agreement with ArcelorMittal

Nearly a year ago we started bargaining, and now eight months after our 2012 contract expired, our negotiating committee is announcing that we have reached a tentative agreement with ArcelorMittal USA.

In the near future, we will schedule meetings, provide details and produce a summary for the membership to review. The proposed new agreement preserves our economic security and other contractual protections and will expire Sept. 1, 2018, if ratified.

Recognizing the challenges facing our industry – mainly the result of historic levels of unfairly traded imports and a depressed market for our products – we committed very early in this process to address the company’s needs while protecting future generations and without burdening current or future retirees with unnecessary expenses.

Thanks to your support and solidarity on the shop floors while we resisted ArcelorMittal’s persistent concessionary demands at the table, we have negotiated a fair agreement that balances the needs of management to save money with our commitment to maintain our standards of living.

Our committee sincerely appreciates the work of CAT activists and leaders at each location to keep everyone informed and on the same page throughout this long and sometimes frustrating process.

Although it has taken much longer than anyone could have anticipated, we are proud of what we have accomplished and look forward to the challenges ahead. Click here to download a PDF of this update.