Mon May 30, 2011 2:21pm GMT
* Strike highlights inflationary pressure from labor
* Casa de Pedra belongs to local steel maker CSN
SAO PAULO, May 30 (Reuters) - Workers demanding better pay at Brazil's Companhia Siderurgica Nacional's (CSNA3.SA: Quote) Casa de Pedra iron ore mine went on an open-ended strike over the weekend, a union representative said on Monday.
CSN said the mine is operating normally and output of iron ore was unaffected but the union said participation in the stoppage was affecting output.
The strike highlights the growing pressure on inflation from labor, as workers want salaries to keep up with a general acceleration in price rises across the Brazilian economy over the past year.
In recent weeks, workers at GM's (GM.N: Quote) auto plant in Sao Paulo went on strike for better pay, as well as thousands of workers at large Brazilian infrastructure works such as the
Madeira River Hydroelectric Complex in the state of Rondonia.
The Minas Gerais state mine accounted for a third of CSN's revenue last quarter, and workers are demanding a greater share of profits, Jesu Valentim Rodriguez, social director at the
Metabase Inconfidentes union, told Reuters.
The union said the mine employs 2,300 workers and produces 60,000 tonnes of iron ore a day.
(Reporting by Alberto Alerigi Jr; Writing by Reese Ewing; Editing by James Dalgleish, sourced Thomson Reuters)
Monday, May 30, 2011
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