Warsaw (Puls Biznesu) – German steel workers have already gone on strike. Polish workers are negotiating wage increases with the management of Arcelor Mittal.
Arcelor Mittal, world’s biggest steel company, had USD 10bn of net income last year, or 30 percent more than in 2006. It will be very hard to repeat the growth rate this year because of higher ore and energy prices plus wage demands from the workers. German steel workers, not only from Mittal plants, have already gone on strike. Their Polish peers will negotiate till the end of February. Tomorrow, the first round of negotiations starts.