POSCO Labor and Management Extend Collective Bargaining Mediation Period... Final Talks Set for the 18th

POSCO Accepts National Labor Relations Commission's Mediation Extension
Final Mediation Session Set for August 18

The labor and management at POSCO, who were unable to bridge differences in wage and collective bargaining negotiations, have decided to accept the National Labor Relations Commission's recommendation to extend the mediation period and continue intensive talks.

POSCO Center exterior view. POSCO Holdings

The POSCO Labor Union, part of the Korea Metal Workers' Federation under the Federation of Korean Trade Unions, announced on August 5 that they had accepted the recommendation to extend the mediation period at the second mediation session on the 2026 collective bargaining agreement held at the National Labor Relations Commission.

The National Labor Relations Commission recommended that both parties conduct intensive negotiations during the extended mediation period. It also requested that management bring a "responsible proposal close to a final offer" to the next mediation session.

Previously, on July 23, the POSCO union filed for dispute mediation with the commission, and in a strike authorization vote, 92.2% of union members voted in favor.

Kim Seongho, head of the POSCO labor union, stated, "The company should not only demand sacrifices from workers and local communities to address a crisis. Instead, it must make responsible decisions that can revive both the steel industry and the local economy."

The final mediation session is scheduled for 2 p.m. on the 18th.

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