PITTSBURGH: U.S. Steel and the United Steelworkers announced a tentative agreement Sunday on a three-year contract covering more than 16,000 workers at domestic facilities.
Details of the contract were not announced. The union said members will vote after reviewing details over the next few weeks. The two sides had been negotiating since June on a contract to replace the existing pact, which expired Saturday.
U.S. Steel said the talks covered employees at domestic flat-rolled and iron ore mining facilities as well as tubular operations in Lorain, Ohio, and Fairfield, Ala.
“We believe that this agreement is in the best interests of our company, our employees and all of our stakeholders,” John Surma, U.S. Steel chairman and chief executive officer, said in a statement.
The company also announced a tentative agreement with the union for about 1,000 workers at a facility in Lone Star, Texas.
Union leaders said retirees’ health care was a key issue.