Industry News

Colombia’s strike severely impacts steel industry

Views : 251
Update time : 2021-06-02 22:57:13
The Colombian people have started a strike since April 28, 2021, to protest the tax reform by the government of Iván Duque to deal with the COVID-19 epidemic. However, due to the strike, the domestic steel industry is suffering heavy losses, according to Comité Colombiano de Productores de Acero (CCPA), the local steel producers' association.

CCPA said that due to the strike, Colombia’s steel industry has lost around US$248 million. The strike not only impacted 472,138 construction workers directly across the country but also put nearly 45,000 direct and indirect jobs at risk.
Related News
Read More >>
Turkey reports decrease in Jan-Apr wire rod exports & value Turkey reports decrease in Jan-Apr wire rod exports & value
Jun .06.2025
Turkey reports decrease in Jan-Apr wire rod exports & value
EGA expands solar aluminum supply to Hyundai Mobis EGA expands solar aluminum supply to Hyundai Mobis
Jun .06.2025
EGA expands solar aluminum supply to Hyundai Mobis
LME nickel rebounds above $15,500 level on market factors LME nickel rebounds above $15,500 level on market factors
Jun .06.2025
LME nickel rebounds above $15,500 level on market factors
Walsin Lihwa’s May revenue drops m-o-m, rises Walsin Lihwa’s May revenue drops m-o-m, rises
Jun .06.2025
Walsin Lihwa’s May revenue drops m-o-m, rises