CORRECTION - NEW YORK - CORRECTED-ArcelorMittal's U.S. union authorizes strike

Thu Aug 28, 2008 7:21am EDT
 
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(Corrects spelling of company name in headline)

NEW YORK, Aug 27 (Reuters) - Steelmaker ArcelorMittal's (ISPA.AS) (MT.N) U.S. unionized employees voted in favor of a strike authorization on Wednesday, according to a statement from the United Steelworkers (USW).

The United Steelworkers union, which represents 14,000 ArcelorMittal employees, had asked members to vote to authorize a strike, as it has been unable to reach an agreement on a new contract with the Rotterdam, Netherlands-based steelmaker.

However, talks between the union and the company continue and the company said it remains committed to working with the USW to reach a settlement before the current contract expires on Sept. 1, including being prepared to continue negotations through the weekend, if necessary.

The strike authorization vote is not a declaration of a strike.

The union said unresolved issues include economic, employment and retirement security for ArcelorMittal members. (Reporting by Lilla Zuill and Euan Rocha)

 
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