Strike at Sidor comes to an end

Strike at Sidor comes to an end

According to the latest news in the market, the strike at Venezuelan steel producer Siderurgica del Orinoco (Sidor) came to an end, as the company and the local union Sutiss reached an agreement. The strike, which was materialized through go-slow in operations, started in the middle of October and the company officials stated that on the condition that an agreement is reached with the local union, the problem with the workers would be settled, as previously reported by SteelOrbis. According to certain sources, the estimated cost of the strike is around $8 million.