07
Jun
13:25
Worker strike disrupts shipments of Posco, Hyundai
The Korean Confederation of Trade Unions (KCTU) began an indefinite strike on Tuesday to call for the extension of the "safe fare system" that corresponds to the minimum wage for freight workers. This has led to the suspension of shipments of South Korean steelmakers.
On 7 June, participants from the KCTU staged a general strike in front of the Posco headquarters in Pohang city, while blocking or monitoring the roads for logistics vehicles entering …
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Anonymous
Very good overview of the weekly steel market.
Anonymous