U. S. Steel Announces Ratification of New Collective Bargaining Agreements by United Steelworkers
United States Steel Corporation (X)
Last united states steel corporation earnings: 4/30 04:16 pm
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Source: GlobeNewswire
PITTSBURGH, Nov. 13, 2018 (GLOBE NEWSWIRE) -- United States Steel Corporation (NYSE: X) today announced the ratification of new successor four-year collective bargaining agreements by the United Steelworkers (USW). These agreements will cover approximately 14,000 USW-represented employees at all of the company’s domestic flat-rolled and iron ore mining facilities as well as tubular operations in Fairfield, Ala., Lorain, Ohio, and Lone Star, Texas. “We believe these four-year agreements are fair and in the best long-term interest of all of our stakeholders. We are pleased to have reached this agreement with our USW represented employees,” said David B. Burritt, President and Chief Executive Officer of U. S. Steel. The new agreements are retroactive to Sept. 1, 2018 and will continue through Sept. 1, 2022. United States Steel Corporation, headquartered in Pittsburgh, Pennsylvania, is a leading integrated steel producer and Fortune 250 company with major operations in the United
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News
- United States Steel Co. (NYSE: X) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- United States Steel Co. (NYSE: X) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $48.00 price target on the stock, down previously from $51.00.MarketBeat
- United States Steel Co. (NYSE: X) had its price target lowered by analysts at JPMorgan Chase & Co. from $47.00 to $43.00. They now have a "neutral" rating on the stock.MarketBeat
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