29
Nov
16:19
German steelworkers strike wage deal
Negotiations between union and employers in Germany’s northwest steel district for a collective bargaining agreement were concluded last Friday. This followed 11 hours of talks in the third and final negotiation round.
Essentially, wages will rise 2.3% as of January 2016, Kallanish learns from union IG Metal. Other points covered in the agreement concern one-off payments in 2015, commuting fare support for trainees, and other things.
“After very t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous