AK Steel and United Auto Workers Reach Tentative Labor Agreement

AK Steel and the United Auto Workers (UAW) have reached a tentative agreement on a new labor contract covering about 190 hourly production employees at the company’s Rockport (IN) Works.

The tentative agreement is subject to ratification by Local 3044 members in a vote expected to take place within a week. The existing contract is set to expire September 30, 2007. The new agreement would run from August 1, 2007, to September 30, 2013. The parties agreed to commence early bargaining in the mutual desire to reach a new contract well ahead of the expiration of the existing agreement.

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