United States Steel reached a tentative agreement Tuesday with the United Steelworkers of America Union that will cover about 900 union workers at the company’s Lone Star tubular products plant.
The new four-year contract remains subject to ratification by the United Steelworkers of America at the Lone Star plant and by 14 other union locals across the country, according to Lorin Mask, recording secretary for the United Steelworkers of America Local 4134 in Lone Star.
Key parts
Elements of a new four-year tentative contract between U.S. Steel and the United Steelworkers Union:
– Significant wage increases;
– Substantial bonus and pension increases;
– Improved benefit programs for active employees and retirees;
– Reduced health care premiums for retirees.
Source: United Steelworkers Union national offices