Mayor Lee Gang-deok of Pohang Welcomes Tentative Agreement on POSCO Labor-Management Wage Negotiations

Lee Mayor: "Hoping for Smooth Negotiations through Mutual Growth Amid Local Economic Challenges"

Meeting with POSCO Labor Union... Joining Forces to Revitalize the Local Economy

Mayor Lee Kang-deok of Pohang expressed his welcome on the 17th as POSCO labor and management reached a tentative agreement on wage negotiations during the 13th collective bargaining session.

Mayor Lee Gang-deok of Pohang visited the POSCO Labor Union and held a meeting with the union executives. Photo by Pohang City

The mayor said, “With POSCO labor and management preparing a tentative agreement, a breakthrough has been made toward concluding this year’s wage negotiations,” and added, “I hope that labor and management can reach a final agreement harmoniously through coexistence amid the difficult local economic situation.”

On the same day, Mayor Lee Kang-deok visited the POSCO Labor Union and held a meeting with union executives including Kim Seong-ho, chairman of the POSCO Labor Union, and Cho Yang-rae, senior vice chairman.

During the meeting, they shared concerns about the difficulties facing the local community, such as the downturn in the steel industry, the battery industry chasm, and the economic stagnation caused by international circumstances, and discussed ways to overcome these challenges together.

Chairman Kim Seong-ho explained that the labor union will do its best to fulfill its social responsibilities and stated that they will continue to consult with Pohang City on ways to contribute to the local economy.

Chairman Kim said, “The POSCO Labor Union will move forward together with its members in the efforts to make POSCO great again,” and added, “To fulfill the social responsibilities of the POSCO Labor Union, we will unite our strength to overcome the difficulties faced by the region.”

Mayor Lee Kang-deok said, “I express my welcome and gratitude for the POSCO Labor Union’s commitment to revitalizing the local economy,” and added, “We look forward to the labor union’s role in overcoming the steel industry crisis and enhancing labor rights, and through collaboration between the POSCO Labor Union and Pohang City, we will prepare various policies to revitalize the local economy.”

This content was produced with the assistance of AI translation services.