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Top related persons:
Hyonhee Shin - 1 Joyce Lee SEOUL - 1 KORAIL - 1 Han - 1 Lee Jeong - 1 sik - 1 it's - 1 Stephen Coates - 1
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Seoul
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Korean Railway Workers - 1 Union - 1 Korea Railroad Corp - 1 Company - 1 Labor - 1 Korea Cement Association - 1

Search resuls for: "Korea Cement Association"


5 mentions found


☆ South Korea Rail Workers Launch First Strike in Four Years
  + stars: | 2023-09-13 | by ( Sept. | At P.M. | ) www.usnews.com   time to read: +2 min
The Korean Railway Workers' Union demands improved pay and working conditions and an expansion of the KTX bullet train services to include lucrative routes such as in southern Seoul. Company chief Han Moon-hee criticised the strike as "illegitimate" and urged the workers to return to work. Labor Minister Lee Jeong-sik on Wednesday also called for the union to cancel the planned strike, citing an economic impact and public inconvenience. According to the Korea Cement Association, rail accounts for 40% of cement transportation, and if the strike lengthens, the reduced ability to deliver could affect firms' profitability during the fall's peak building season. If the strike lengthens, we will have to convert to land transportation, which will drive up costs and hit profitability," the official said.
Persons: Hyonhee Shin, Joyce Lee SEOUL, KORAIL, Han, Lee Jeong, sik, it's, Stephen Coates Organizations: Korean Railway Workers, Union, Korea Railroad Corp, Company, Labor, Korea Cement Association Locations: Seoul
☆ South Korea to order more truckers back to work on Thursday - media report
  + stars: | 2022-12-07 | by ( ) www.reuters.com   time to read: +1 min
SEOUL, Dec 7 (Reuters) - The South Korean government is expected to order truckers serving the petrochemical and steel sectors to return to work this week as a national strike by truckers entered its 14th day on Wednesday, media reported on Wednesday. Late last month the government told truckers serving the cement industry, who made up around 10% of the 25,000 truckers involved in the strike, to return to work. The strike has disrupted supply chains, and cost South Korea 3.5 trillion won ($2.65 billion) in lost shipments over the first 12 days, the industry ministry said on Tuesday. Shipments of cement have bounced back to 93% of normal levels from 10% earlier in the strike, thanks to the government telling truckers serving the industry to get back to work, according to lobby group Korea Cement Association. Reporting by Joyce Lee; Additional reporting by Soo-hyang Choi; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.
☆ South Korea orders striking truckers in cement industry back to jobs
  + stars: | 2022-11-29 | by ( Heekyong Yang Joyce Lee | Heekyong Yang | Joyce Lee | ) www.reuters.com   time to read: +3 min
Summary First start-work order ever issued in South KoreaUnion calls order "equivalent to martial law"President says "Will never compromise with illegality"SEOUL, Nov 29 (Reuters) - South Korea ordered striking truckers in the cement industry to return to work on Tuesday, an unprecedented step that invokes tough strike-busting laws as construction sites run out of building materials nationwide. "I will firmly establish the rule of law between labour and management during my term and will never compromise with illegality." The cement industry estimates a cumulative output loss of about 64 billion won ($47.81 million) as of Monday, lobby group Korea Cement Association said. "MARTIAL LAW FOR CARGO WORKERS"Yoon administration is the first in the country's history to issue an order forcing striking transport workers back to their jobs. Government officials will conduct on-site investigations with police, relay the order to the 2,500 cement industry transport workers to return to work, and if they do not comply, suspend their transport licenses for 30 days.
☆ South Korea govt plans first talks with striking truckers
  + stars: | 2022-11-28 | by ( Joyce Lee Heekyong Yang | Joyce Lee | Heekyong Yang | ) www.reuters.com   time to read: +4 min
[1/4] A view of a construction site where concrete pouring work is suspended due to a nationwide strike by truckers in Seoul, South Korea November 25, 2022. "We need to establish a rule of law between labour and management," Yoon said on Monday, according to the presidential office. Yoon will personally preside over a cabinet meeting on Tuesday which will consider a 'work force order' demanding striking truckers return to their jobs, his office said. According to South Korean law, during a serious disruption to transport the government may issue an order to force transport workers back to their jobs. While stations secured inventory before the strike, about 80% of truckers for major refiners such as SK Innovation's (096770.KS) SK Energy and S-Oil Corp (010950.KS) are striking union members.
☆ South Korea's President Yoon warns of crackdown on striking truckers
  + stars: | 2022-11-25 | by ( Joyce Lee | ) www.reuters.com   time to read: +3 min
According to South Korean law, during a serious disruption to transportation the government may issue such an order to force transport workers back to their jobs. If the government takes this route, it would be the first time in South Korean history such a order is issued. "The Yoon Suk-yeol government is threatening a hard-line response without any efforts to stop the strike," Lee told reporters on Thursday. This compares with South Korea's 200,000 tonnes of cement demand in the peak season between September and early December. The union estimated about 25,000 people were joining the strike, out of about 420,000 total transport workers in South Korea.
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