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IN BRIEF: Union ends Mexico steel plant strikes

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IN BRIEF: Union ends Mexico steel plant strikes

Mexico's national mining and steelworkers union SNTMMSSRM ended strikes at two steelmakers.

The stoppages, which began on October 3 at Siderúrgica del Golfo and Sistemas Estructurales y Construcciones, were lifted after the parties agreed to a 12% increase in benefits, of which 6% corresponds to a rise in salaries. Workers were due to return to work Wednesday (October 19).

The companies, based in Tamaulipas state, belong to the Grupo Hermanos Vigil group, headed by steel magnate Rufino Vigil González, the union said. The Vigil family formed Mexican steelmaker Industrias CH in 1991, according to Forbes.

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