UPDATE 2-Shougang Peru Says Operations Halted by Strike-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Inventory data
  • Rare earth
  • Copper scrap
  • Copper
  • Evening comments
  • Market commentary
  • SMM
  • Morning comments
  • Aluminium
  • MMi Iron Ore Port Index
  • Futures movement
  • Cobalt
  • price forecast
  • Environmental protection drive

UPDATE 2-Shougang Peru Says Operations Halted by Strike

Industry News 09:01:10AM Jun 29, 2010 Source:SMM

LIMA, June 28 (Reuters) - Shougang Hierro Peru (SHP.LM), the country's only iron ore producer, said an indefinite strike that started on Monday to demand higher wages has halted production.

"The strike started at 8:00 a.m. (1300 GMT) and production has been halted," Raul Vera, Shougang's general manager, told Reuters.

Some 1,600 workers at the company's Marcona mine in southern Peru had joined the strike, union federation leader Luis Castillo said. Workers at Shougang Hierro Peru, the local subsidiary of China's Shougang Group, downed tools for three days in March demanding better wages.

Peru is a leading exporter of copper, gold and silver.
 
 

Key Words:  iron ore  Peru 

UPDATE 2-Shougang Peru Says Operations Halted by Strike

Industry News 09:01:10AM Jun 29, 2010 Source:SMM

LIMA, June 28 (Reuters) - Shougang Hierro Peru (SHP.LM), the country's only iron ore producer, said an indefinite strike that started on Monday to demand higher wages has halted production.

"The strike started at 8:00 a.m. (1300 GMT) and production has been halted," Raul Vera, Shougang's general manager, told Reuters.

Some 1,600 workers at the company's Marcona mine in southern Peru had joined the strike, union federation leader Luis Castillo said. Workers at Shougang Hierro Peru, the local subsidiary of China's Shougang Group, downed tools for three days in March demanding better wages.

Peru is a leading exporter of copper, gold and silver.
 
 

Key Words:  iron ore  Peru