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Steelworkers Secure 5-Year Pact with Major Gains
5 Sep
Summary
- A new five-year labor agreement was reached by Rocky Mountain Steel Mills and USW.
- The contract provides substantial hourly wage increases and significant bonus opportunities.
- Workers will see improved monthly pension benefits under the new deal.
Rocky Mountain Steel Mills (RMSM) and the United Steelworkers (USW) have successfully negotiated a new five-year collective bargaining agreement. This crucial pact, covering about 900 employees at the Pueblo steel mill, is set to take effect on September 11, 2026, upon the expiration of the current contract.
President of RMSM, Eric Shuster, highlighted the agreement as a recognition of the workforce's skill and dedication. The new terms will provide substantial increases in hourly base wages over the five-year period. Additionally, employees are guaranteed a minimum of $10,000 annually in attendance bonuses, with further potential earnings tied to performance.
This agreement also brings meaningful improvements to monthly pension benefits. Charles Perko, President of USW Local 3267, emphasized the positive community impact, noting that increased worker earnings directly benefit local businesses. The mill remains a cornerstone of Pueblo's steelmaking heritage and a significant local employer.
