Dispute with the union might lead to a strike at Asil Celik

Monday, 27 January 2003 11:47:00 (GMT+3)   |  
       

Dispute with the union might lead to a strike at Asil Celik

The mill with an annual capacity of 235'000 mt hot rolled products, had been privatized a couple of years ago. SteelOrbis understands there has been a dispute between the union and the management over the workers' salaries. According to market rumors, the management is already not very happy with salary increases given prior to privatization, and consequently with the current payroll structure, and trying to reduce the total sum. On the other hand the union has been demanding a further adjustment by means of an increase around 10%. Under these circumstances, the union is now considering whether to go on strike or not. If they do decide to go on strike they will have to announce so and put the management on formal notice, either by January 31 or February 7.

Tags: Hrc Flats 

Similar articles

Flat steel prices in local Taiwanese market - week 19, 2024

09 May | Flats and Slab

Local and import HRC prices in EU stable amid moderate restocking

09 May | Flats and Slab

US HRC exports down 28.4 percent in March from February

09 May | Steel News

Ex-China CRC offer prices remain stable despite better mood locally

09 May | Flats and Slab

Major steel and raw material futures prices in China - May 9, 2024

09 May | Longs and Billet

Major steel and raw material futures prices in China - May 8, 2024

08 May | Longs and Billet

Emirati HRC buyers wait and see as China continues to raise offers

08 May | Flats and Slab

US steel exports down 5.4 percent in March from February

08 May | Steel News

US HRC imports up 40 percent in March from February

08 May | Steel News

Turkey’s HRC imports increase by 6.1 percent in January-March

08 May | Steel News