Calls are growing for a thorough investigation into repeated fatal industrial accidents at Hyundai BNG Steel and for stern measures against people who are responsible for the accidents.
AsiaToday reporters Choi Won-young, Kang Tae-yoon, and Lee Sun-youngThe production line of South Korea’s automotive and shipbuilding industries, the m..
Unionized workers at Hyundai Motor and HD Hyundai Heavy Industries participated in a general strike initiated by the Korean Metal Workers Union under the Korean Confederation of Trade Unions, Wednesday. Their participation has raised concerns over potential damage to Korea s exports, which have relied heavily these days on carmakers and shipbuilders.
The Korean Confederation of Trade Unions (KCTU) has been weakened further as a growing number of unions in various industries are leaving the militant umbrella union, according to industry officials, Wednesday.
POSCO Holdings will relocate its headquarters from Seoul to Pohang, North Gyeongsang Province. Shareholders of the steel and battery material maker approved the move on Friday. POSCO Group was largely criticized by Pohang residents for its decision to set up its headquarters in Seoul in January 2022 when it established POSCO Holdings. Pohang is the birthplace of POSCO, where its first steel mill was built in 1971.