• Short Summary

    The United States steel industry closed down at midnight (July 14-15) after a complete breakdown in negotiations.

  • Description

    The United States steel industry closed down at midnight (July 14-15) after a complete breakdown in negotiations. Hours previously the big job of banking steel mill furnaces began. Film shows work at Gary Indiana, near Chicago, but similar work was in progress at Pittsburgh, Birmingham and other steel producing areas.

    More than 500,000 workers - members of the United Steel-workers' Union - are involved in the nation-wide walkout. The ten weeks of negotiation went on until a few hours before the strike deadline.

    The Union wants an hourly ls.ld. increase in pay rates and welfare benefits. The employers say any increase would mean higher steel prices and result in inflation.

    Officials on both sides believe that the walkout may prove the longest in the history of the U.S. steel industry.

    It is estimated that the strike will cost the industry about GBP8,000,000 a week.

    Within a few days, ninety percent of steel production will be halted. Meanwhile companies are bringing in food and sleeping berths for supervisory personnel, who will keep constant watch over the equipment during the strike.

  • Tags

  • Data

    Film ID:
    VLVAD0HKERV9HSP0O20NJLWRKFK10
    Media URN:
    VLVAD0HKERV9HSP0O20NJLWRKFK10
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    15/07/1959
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:33:00
    Time in/Out:
    /
    Canister:
    N/A

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