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US Steel, Steelworkers reach tentative labor deal

Photo: Ablestock.com, Photos.com

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.