According to Reuters, steel workers struck a new contract with U.S. Steel Corp.
The Pittsburgh-based steelmaker is in contract negotiations with the United Steelworkers union, which represents 16,000 workers in the US.
If both sides agree to the new contract, it will mark the biggest pay increase for steel workers in six years.
The terms of the new contract will increase wages by 14-percent over four years.
The previous contract, which expired on Sept.