Peru’s only iron producer declares force majeure

Posted on September 2, 2011 • Filed under: Business, Labor Issues, Peru

Peru’s only iron producer, Shougang Hierro Peru, declared force majeure on its deliveries due to a workers strike, the company’s general manager said on Thursday. The company’s 1,124 workers laid down their tools on Wednesday in an indefinite strike demanding higher salaries. Read Articl

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