Strike begins at Isdemir

Turkey's largest steelmaker Eregli Demir ve Celik Fabrikaları TAS (Erdemir) announced yesterday, July 15, that its Iskenderun-based subsidiary Iskenderun Demir ve Celik A.S. (Isdemir) and the Çelik-İş labor union have failed to reach consensus on a collective labor agreement, “as the union insisted on a 51 percent wage increase”. Accordingly, union workers have gone on strike as of July 15, in line with a previous announcement made by the union.