29
Mar
15:22
German wage talks end with compromise
Steel employers and union IG Metall have agreed terms in the periodical wage negotiations for the northwest German steel industry, which started only a few weeks earlier.
The agreement came comparably fast, with only very few short token strikes occurring at some downstream plants. The union originally launched talks with a wage increase claim of 4%, which the employers’ side immediately dismissed. The figure and the initial exchange of blows that follows is…
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Anonymous
Very good overview of the weekly steel market.
Anonymous