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ArcelorMittal SA signs 6.5% multi-term wage agreement with Numsa and Solidarity

Details

handshake thumb medium90 90BL Premium reports that the National Union of Metalworkers of SA (Numsa) and Solidarity have signed a multi-term wage agreement with ArcelorMittal SA (Amsa) that will result in employees receiving increases of 6.5%.

The wage deal, effective from 1 April to 31 March 2026, comes barely three weeks after Numsa threatened to embark on the “mother of all strikes” at Amsa in support of its demands for higher wages. Numsa initially demanded a one-year 15% pay increase across the board, while Solidarity kicked off negotiations with a 10% demand, against the employer’s opening offer of 6%. The pay deal will mean that workers will get increases of 6.5% in the first year, followed by another 6.5% hike in the second year, and an inflation-related increase capped at 6.5% in the final year. Numsa general secretary Irvin Jim advised on Monday that as part of the wage deal workers would receive a “once-off cash signing bonus of R10,000”. All allowances will increase by 6.5% for year one; by CPI for year two (but capped at 6.5%) and by 6.5% for year three. Other improvements in conditions of employment cover the medical aid subsidy; paternity benefits (an increase from 10 to 12 days);and funeral benefits (from R10,000 to 20,000). “We welcome the signing of this agreement, particularly because at some point we were on the verge of a strike,” Jim said. Solidarity deputy general secretary Willie Venter said the wage agreement was “something that our members can live with.”

  • Read the full original of the report in the above regard by Luyolo Mkentane at BusinessLive (subscriber access only)
  • See too, Strike averted as ArcelorMittal and Numsa clinch three-year wage deal, at Fin24


Get other news reports at the SA Labour News home page