In the forthcoming collective bargaining round for employees in the iron and steel industry, IG Metall is demanding an 8.2 percent increase in salary. This was decided on Tuesday by the collective bargaining committees of the north-west German iron and steel industry union and the east German steel industry union. The claim has yet to be confirmed by the union’s board of directors. “In view of the sharp rise in prices and the good situation in many companies, employees expect a decent increase in their monthly wages,” said the district manager of IG Metall NRW, Knut Giesler, according to a statement.
Many steel companies are currently doing good business.