PITTSBURGH, Aug. 13 (UPI) -- U.S. Steel said it reached a tentative four-year agreement with the United Steel Workers that covers about 16,000 workers.
Details would not be released until next week, but U.S. Steel Chairman and Chief Executive Officer John Surma called the agreement "competitive" and "in the best interests of our company," the Pittsburgh Post-Gazette reported Wednesday.
USW vice president Tom Conway said the agreement had "only improvements." "No step backs," Conway said.
If ratified, the agreement would take effect Sept. 1.
The agreement allows the union to turn its attention to negotiations with ArcelorMittal.
The union's contract with ArcelorMittal, covering 14,000 workers, also expires Sept. 1, but talks broke off last week. The union called the latest company offer "inferior to our needs and demands," the Post-Gazette reported.