The LCGB trade union has announced that a new collective work agreement has been signed with ArcelorMittal Bissen and the OGB-L and LCGB trade unions.

the agreement addresses the following points:

• Linear increase of 0.5% from 1 January 2016;

• Improvement of measurement of production using premium criteria;

• Revaluation of gratification for former salaried employees;

• Fixing thresholds for gratuity for former salaried employees;

• Improved recognition of the versatility exercised by former salaried workers.

The duration of the agreement is three years. The trade union also revealed that a new player is expected on the Luxembourg metal market, “Wire solutions”.