US Steel Signs Temporary Work Agreement with Steelworkers' Union

United Steelworkers and US Steel Corp. signed an agreement in principle for a new employment contract covering at least 14,000 workers, thus breaking a three-year wage freeze.

The union and the company issued statements Monday afternoon confirming the initial agreement, but representatives of both parties declined to comment on the terms of the contract.

Pittsburgh-based steel workers have been demanding increases under a new 25% tariff on steel imports enforced by the Trump administration. These duties helped the United States Steel to raise their prices, along with the expansion of the US economy.

The new deal would last four years, according to the company, and would likely increase compensation, including wages, for employees. On a company website dedicated to negotiations, US Steel

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base salary increases over a six-year period. The union, however, fought a contract of this duration.

A developed version of this report appears on WSJ.com.

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