Help Desk -
9958816305, 9810335381

Shougang Hierro Peru iron ore miners begin strike

Steel News - Published on Sun, 20 Dec 2009

Bloomberg reported that Shougang Corp’s Peruvian iron ore miners began a 24 hour strike after the company did not renew contracts for four workers.

Mr Luis Castillo general secretary of Mining Federation said that more than 90% of the 1,400 member workforce at iron ore mining unit Shougang Hierro Peru SAA walked off the job bringing operations to a halt,.

He told that the company has not said why it did not renew the workers’ contracts.

He added that “This could escalate into something bigger if Shougang doesn’t renew their contracts. The unions will decide tomorrow whether to declare another strike next week.”

Workers at Peru’s only iron-ore miner have staged seven strikes in the past two years amid disputes over wages and pensions. Beijing-based Shougang Corp., which took over the mine in 1993, plans to spend USD 1 billion to more than double capacity to 17 million tonnes a year.

(Sourced from Bloomberg)

Posted By : admin on Sun, 20 Dec 2009
Related News from Steel segment