Steel Products
July 23, 2015
Written by Sandy Williams
ArcelorMittal submitted its first proposal to the USW negotiating committee on Monday. According to USW, the three-year keeps wages as is, cuts benefits, raises health premiums and makes changes to retirement contributions.
The USW posted the following changes proposed by the Company in an update to members:
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Though steel prices continue to drop, more buyers are holding off on finalizing transactions.