New Collective Agreement for the ArcelorMittal Montreal Contrecoeur West Complex

CONTRECOEUR, August 15, 2014 – Unionized employees of the Contrecoeur West steelworks and bar mill (United Steelworkers-FTQ Local 6951) held a special general meeting earlier today and the majority voted to accept the proposal from the conciliator for the renewal of their collective agreement. This agreement will take effect today for a 6-year term. The current collective agreement expired on July 31, 2014. The agreement covers about 285 workers.

Contract talks resumed on August 11 with the assistance of a conciliator appointed by the Quebec department of labour, who submitted the contract proposal the union accepted to present to its members.

Management and the union are now working on implementing the back-to-work protocol to resume operations in the complex by Monday.

ArcelorMittal Montreal is satisfied with the ratification of the agreement and wishes to thanks its customers and suppliers for their patience. We now look forward pursuing our mission to produce quality steel for our customers, with everyone’s collaboration.

About ArcelorMittal Montreal

ArcelorMittal Montreal’s mission is to safely manufacture sustainable steel in accordance with its values of health and safety, quality, leadership and sustainability. The company employs about 1,750 people in 11 facilities in Contrecoeur, Longueuil, Montreal, La Prairie, Hamilton and Ottawa. It operates three scrap-metal conversion and recycling centers, one iron-ore reduction plant, two steel plants, three rolling mills and two wire drawing plants. The group has an annual production capacity of over 2 million tons of steel and generates economic spinoffs of more than $1 billion per year.

ArcelorMittal Montreal is part of ArcelorMittal, the world’s leading integrated steel and mining company, with a presence in more than 60 countries. For more information about ArcelorMittal, please visit corporate.arcelormittal.com.