ArcelorMittal Steelworkers Ratify Labor Contract

ArcelorMittal steelworkers have ratified a new labor contract. ArcelorMittal steelworkers have ratified a new labor contract. |  Photo: WDIO FILE

Updated: November 29, 2018 04:47 PM

On Thursday, news broke that the final group of steelworkers have ratified their labor contract. 

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ArcelorMittal union leaders counted the submitted votes, and their members voted overwhelmingly to approve the deal. It's four years in length, and includes 14 percent wage increases over the life of the contract.

Earlier this month, ArcelorMittal and its unions had reached a tentative deal.

Cleveland-Cliffs was the first to reach one, then U.S. Steel.

Now all the mines that are unionized have contracts in place.

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