There's a new labor agreement in place for workers employed by U.S. Steel. The tentative national contract impacts roughly 16-thousand employees nationwide, including about 16-hundred workers at the U.S. Steel plant in Granite City. A number of local unions will be covered by the deal that is still subject to a vote by union members.
The deal includes a pay increase of 2-percent in the first year and 2.5 percent in the second year as well as a signing bonus of $2,000 for union members retroactive to September 1. U.S. Steel Chairman and CEO John Surma said in a statement that the company was pleased with the agreement and believes it is a competitive one. The previous contract expired September 1. U.S. Steel is headquartered in Pittsburgh.