USW continues voting on ArcelorMittal deal

Oct 01, 2012 | 05:01 PM | Chris Prentice

Tags  ArcelorMittal, U.S. Steel, United Steelworkers union, USW, labor contract, John P. Surma, Chris Prentice

NEW YORK — The results of a ratification vote by United Steelworkers union members on a tentative three-year labor agreement with ArcelorMittal USA Inc. are expected Oct. 18.

Voting continues on the proposed contract, which would be retroactive to Sept. 1 and expire Sept. 1, 2015, the USW said Monday.

The contract, which would cover nearly 14,000 unionized workers at 15 of the Chicago-based steelmaker’s flat carbon, long carbon and iron ore mining locations, includes lump-sum payments; wage increases on Sept. 1, 2013, and Jan. 1, 2015; and a profit-sharing plan. It also maintains the current pension plan, including for....

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