HomeSteelSupply chain and End users More S Korean steel production cuts to follow if trucking strikes continue - sources Strikes by truck drivers in South Korea’s major steelmaking hub of Pohang may result in further decreases in steel production if prolonged, market participants told Fastmarkets on Tuesday June 14. Truck drivers are demanding minimum pay guarantees in the face of surging fuel prices. Cumulative financial losses due to the strikes totaled $1.2 billion across the automotive, steel, petrochemical, and cement... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Paul Lim June 14, 2022 05:40 GMT Singapore Keywords South Korea steel Posco Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}