18
May
12:27
German union rejects steel employers’ bonus offer
Germany’s steel employers have come up with an alternative offer in the current wage negotiation round with union IG Metall, which earlier announced its demand for an 8.2% wage increase.
The employers instead suggest a one-time payment of €2,100 ($2,210), Kallanish learns from a release by the union, which then rejected the offer as insufficient in a follow-up statement. One-off payments were agreed in earlier negotiation rounds during the coronavirus …
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Anonymous
Very good overview of the weekly steel market.
Anonymous