Steelworkers Agree to Extend Contract Another 24 Hours
The United Steelworkers of America said Friday it had agreed to a second 24-hour extension of its contract with USX Corp., postponing for a second straight day the possibility of a strike at the nation’s largest steelmaker.
Union officers said that the two sides were still talking Friday night and that they had made progress.
“We’re meeting right now,” said Andrew Palm, chief negotiator for the union, which represents more than 18,000 workers at USX operations in seven states.
The union is seeking a labor contract at least as generous as those it reached in 1989 with USX competitors, including Bethlehem Steel Corp. But USX executives have said repeatedly that they consider those contracts too rich.
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