Industry News

Colombia’s strike severely impacts steel industry

Views : 301
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 >>
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Feb .27.2026
Embraer & Hindalco ink MoU to explore aerospace aluminum production in India
Taiwan’s Tang Eng ups stainless steel prices for Mar Taiwan’s Tang Eng ups stainless steel prices for Mar
Feb .27.2026
Taiwan’s Tang Eng ups stainless steel prices for Mar
Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market
Feb .27.2026
Taiwan’s Walsin Lihwa raises stainless steel prices for Mar due to rising material costs & recovered market
Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope
Feb .27.2026
Ansteel Group develops 7,250-meter high-strength 2160 MPa wire rope