Turkey's largest steelmaking group Eregli Demir ve Celik Fabrikalari TAS has announced that the collective labor agreement negotiations carried out between Celik Is Union and Erdemir's Iskenderun based subsidiary Iskenderun Demir ve Celik AS concluded on June 29th 2011 with the parties coming to an agreement.

The collective labor agreement will be effective for two years between January 1st 2011 and December 31st 2012. The strike and lockout decisions made earlier have been cancelled reciprocally.

(Sourced from SteelOrbis)
Visit www.steelorbis.com for more