15
Jun
11:48
German steelworkers get 6.5% wage increase
In the collective bargaining between German mill owners and union for wages in the steel industry, the agreement struck on Wednesday resulted in the strongest increase in 30 years, Kallanish learns from union IG Metall.
From August onwards, workers in the northwestern German steel industry will receive 6.5% more money. IG Metall says it reached this result in the fourth round of negotiations after nine hours of bargaining. Also, a one-off payment of €500 ($52…
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Anonymous
Very good overview of the weekly steel market.
Anonymous