Sep 3, 2012 at 10:28 am
DULUTH, MN (AP) - U.S. Steel Corp. says it has reached a tentative agreement with the United Steelworkers of America on a three-year labor contract.
The tentative deal announced Sunday would cover 16,000 employees nationwide. That includes 1,620 workers at U.S. Steel's mines in Minnesota's Iron Range.
A Duluth News Tribune report (http://bit.ly/QTnRP9) says the union still has to ratify the agreement. Terms of the agreement weren't immediately available.
John P. Surma is the CEO of the Pittsburgh-based company. He says he's pleased with the tentative agreement, and says it's in the best interest of the company, workers and shareholders.
A message left with a United Steelworkers spokesman was not immediately returned.
Contract agreements still haven't been reached between the Steelworkers and two other companies _ ArcelorMittal and Cliffs Natural Resources.
Temp: 45°F (7°C)
Wind: 14 N