Oct 8 (Reuters) - BlueScope Steel Ltd BSL.AX :
* Agreement between Bluescope and unions BSL.AX
* Company has reached a memorandum of agreement with unions and employees at port Kembla
* Agreement on its workforce structure and a new 3 year enterprise agreement
* Says "agreement is a significant and essential step to achieving the company's $200 million cost reduction target"
* Says approximately 300 manufacturing jobs will be removed in wide-ranging restructuring and productivity reforms
* Says unions have also agreed to suspend the port kembla wages bonus scheme
* Says a further 200 support and service positions will also be eliminated
* Source text for Eikon ID:nASX13T1tr