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Hyundai Steel halts production at its cold-rolled plant due to a workers' strike over pay.
Hyundai Steel, South Korea's second-largest steelmaker, has halted its cold-rolled steel plant due to a strike by workers demanding higher pay.
The strike has suspended the plant's pickling line/tandem cold mill facility, leading to expected production losses of 270,000 tonnes, valued at $17 million.
Negotiations between the company and the labor union have been ongoing since January.
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Hyundai Steel detiene la producción en su planta laminada en frío debido a una huelga de trabajadores sobre el salario.