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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jul 07, 1952
Page
5
For five weeks the steel strike continues while the industry offers a historic wage increase averaging 16 cents an hour plus benefits, costing firms about 25 cents hourly. Iron ore mining stoppage threatens winter steel output and national defense due to Great Lakes shipping limits. Union leaders reject the deal, with companies insisting they will not concede on key issues.
On June 9, 1952 steel companies proposed a general wage rise averaging 16 percent retroactive to April 1, 1952. The offer accompanies a plan for a complete agreement and return to work after any work stoppage.
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