POSCO and Hyundai Steel have started annual wage negotiations with their labor unions under South Korea’s newly implemented labor legislation. POSCO’s union is seeking a 7.1% increase in base salaries, while Hyundai Steel’s union is asking for a significant increase in bonuses compared with the previous year.

For steel producers and recycling companies, rising labor costs and operational pressure make efficiency more important than ever. Automated metal separation equipment can help reduce dependence on manual sorting, improve recovery rates, and support more stable plant operations.

Currentek provides EDDY CURRENT SEPARATORs and MAGNETIC-SEPARATOR-p.html target='_blank'>MAGNETIC SEPARATORs for scrap metal recycling, ASR processing, non-ferrous metal recovery, and ferrous material separation. Our solutions are designed to help recycling facilities improve sorting efficiency, recover valuable metals, and build a more cost-effective processing system.