Very recently, after eleven rounds of negotiations, the collective bargaining negotiators agreed on a preliminary wording of the Collective Agreement between U. S. Steel Košice and employees' representatives, and the process of bargaining is now nearing the end. These days, individual committees of plant organizations of the KOVO Labor Union, which will decide about adoption of the Collective Agreement, are being acquainted with the framework agreement. Not until this process is completed by approval of the framework agreement will the employees' representatives be granted a mandate from their plant organizations for signing the Collective Agreement with the employers, whereby the document will come into force. We will issue information about further steps related to the preparation or signing of the Collective Agreement, and the signed document will finally also be published.
United States Steel Corporation (NYSE: X) today provided second quarter 2024 adjusted net earnings per diluted share guidance of $0.76 to $0.80.