Repercussions of over 100-day strike in Spain

For more than 100 days, the European stainless steel market has been missing supplies from one of the major producers due to a nonstop strike since February 5. What is the market response to that?

Last week, the strike was expected to end when the workers had a chance to vote for the proposal presented by the mediator, the Andalusian Labor Relations Council (CARL). However, about 75% of the workers voted against it, putting the negotiations in a deadlock again. After the vote, Acerinox reportedly took time to reassess the situation and consider further steps. Continue Reading? Please click box below!