19
Feb
16:04
German steel employers make new offer on wages
In the current collective wage bargaining negotiations of three major German steel-producing states, the employers have presented an offer, but an agreement has not been reached.
The IG Metall union had already had asked in December for a wage increase of 6.5% plus an introduction of annual holiday pay of €1,800 ($2,040), with the option of choosing free time instead. It was basically the latter point that had caused the employers to refrain from presenting…
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Anonymous
Very good overview of the weekly steel market.
Anonymous