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3rd Quarter 2018 Profit Sharing

The 9/1/15 United Steelworkers Basic Labor Agreement (BLA) provides for a profit sharing pool of 7.5% of the company’s profits, defined as Earnings Before Interest and Taxes (EBIT).  The Company reported an unaudited adjusted EBIT of $381,216,346.93.

3rd Quarter 2018 Profit Sharing

2018 Summary of the Proposed Agreement Between the USW & ArcelorMittal

Please see the pdf below to view the propsed summary between the United Steelworkers and ArcelorMittal.

2018 Summary of the Proposed Agreement Between the USW & ArcelorMittal

Contract Information Meetings

On November 2nd, 2018 the USW reached a Tentative Agreement with ArcelorMittal.

Contract Information Meetings

Tentative Agreement with ArcelorMittal Reflects Industry Standard

After months of bargaining, our negotiating committee is pleased to report that we have reached tentative agreement with ArcelorMittal on contracts covering about 15,000 USW members of 13 local unions.

Tentative Agreement with ArcelorMittal Reflects Industry Standard

Update #12 Issues Remain as Bargaining with ArcelorMittal Continues

Oct. 26: Issues Remain as Bargaining with ArcelorMittal Continues

Our committee has no doubt made progress toward new labor agreements with ArcelorMittal over the last few weeks, but we are not going let management force us into accepting anything less than what we have earned and deserve.

Update #12 Issues Remain as Bargaining with ArcelorMittal Continues

CEO’s Summary of Latest “Fair” Proposal Missing Details Update #11

In an effort to appear reasonable and fair in an update distributed to reporters and posted to the company’s website on Monday, Oct. 22, 2018, ArcelorMittal USA President and CEO John Brett summarized some of the economic terms in the company’s most recent contract proposal.

CEO’s Summary of Latest “Fair” Proposal Missing Details Update #11