10
Jun
08:24
Truckers' strike hits Hyundai Motor output
The strike involving 8,100 union members, or more than 36% of the Cargo Truckers Solidarity union in South Korea is putting increasing pressure on global supply chains, including for automotive. Production at Hyundai Motor’s factories have been hit, Kallanish learns.
On Thursday, the strike triggered component shortages at Hyundai Motor’s biggest factory, the Ulsan Plant in South Korea. The factory’s capacity utilisation rate fell to 50%-60%…
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Anonymous
Very good overview of the weekly steel market.
Anonymous