ArcelorMittal, Steelworkers Union Reach Agreement

Apr 8, 2016

ArcelorMittal Steel Plant

ArcelorMittal and the United Steelworkers union reached a tentative bargaining agreement, ending eight months of talks. The union announced the pact to its members in a bargaining update on its website on Wednesday. If ratified, the contract runs until Sept. 1st, 2018.

No contract details were divulged but the union said the agreement “preserves our economic security and other contractual protections.” Union officials called it a “fair agreement” that balances the need of management to save money, while maintaining a standard of living for union workers.

Major issues were health care costs for active members and retirees, vacation pay, incentive coverage, and safety. About 10,000 Mittal workers work in steel mills in Lake and Porter counties.

Here is the announcement as posted on the USW Local 1010 website