NEW YORK: Cleveland-Cliffs Inc, the second-largest steel producer in the United States, and the United Steelworkers (USW) union have reached a tentative labour agreement that will provide improved wages and other benefits to 12,000 workers in six states.
The agreement also includes a commitment by Cleveland-Cliffs to invest US$4bil (RM17.87bil) in United Steelworker represented facilities, the union said in a statement.“Our plants will continue to be safer and our jobs and benefits more secure under the proposed agreement,” said USW International vice-president (administration) David McCall, who has helped lead negotiations with the steel and iron ore maker.
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