The United Steelworkers said that members have overwhelmingly ratified a new four year contract on behalf of roughly 11,000 members of 13 local unions at US Steel facilities. The new agreements are retroactive to 1 September 2022 and will continue through 1 September 2026. USW District 7 Director Mr Michael Millsap said “The new contract features a lump sum bonus, improves wages by more than 20% over its term, increases pensions, includes an additional holiday and makes improvements to both active and retiree healthcare. With the new contract ratified, union members will be safer at work and our jobs and benefits more secure than they have been in the past. Our continued solidarity will ensure that we keep the tradition of steelmaking alive in our communities for another generation of Steelworkers.” US Steel President & Chief Executive Officer Mr David B Burritt said “We are pleased to have reached these agreements with our USW-represented employees. The new agreements balance the needs of our employees, customers, stockholders, and other stakeholders. We will continue to work together in implementing our Best for All® strategy and transforming the future of steel through strategic investments in innovation, sustainability, operational excellence and the communities in which we operate.”
The United Steelworkers said that members have overwhelmingly ratified a new four year contract on behalf of roughly 11,000 members of 13 local unions at US Steel facilities. The new agreements are retroactive to 1 September 2022 and will continue through 1 September 2026. USW District 7 Director Mr Michael Millsap said “The new contract features a lump sum bonus, improves wages by more than 20% over its term, increases pensions, includes an additional holiday and makes improvements to both active and retiree healthcare. With the new contract ratified, union members will be safer at work and our jobs and benefits more secure than they have been in the past. Our continued solidarity will ensure that we keep the tradition of steelmaking alive in our communities for another generation of Steelworkers.” US Steel President & Chief Executive Officer Mr David B Burritt said “We are pleased to have reached these agreements with our USW-represented employees. The new agreements balance the needs of our employees, customers, stockholders, and other stakeholders. We will continue to work together in implementing our Best for All® strategy and transforming the future of steel through strategic investments in innovation, sustainability, operational excellence and the communities in which we operate.”
