Steel Network
13,407.44 TRY BIST 100 BIST 100
6.30 CNY CNY CNY
51.33 EUR EUR EUR
43.50 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
34.13 TRY Interest Interest
69.26 USD Fossil Oil Fossil Oil
13,407.44 USD Copper Copper
168.08 USD Silver Silver
102.48 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,761.05 TRY Gold (gr) Gold (gr)
102.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Metal sector workers to receive advance payments for the first time

In the ongoing Group Collective Labor Agreement (CLA) process, the Turkish Employers' Association of Metal Industries (MESS) has decided to respond positively to the workers' request and make an advance payment.

Metal sector workers to receive advance payments for the first time

The previous Group Collective Labor Agreements (CLA) between the  Turkish Employers' Association of Metal Industries (MESS) and the Türk Metal, Birleşik Metal-İş, and Özçelik-İş Unions came to an end on August 31, 2023. The unions submitted their Group Collective Labor Agreement proposals to MESS on September 12, 2023, in accordance with Law No. 6356. Negotiations began on September 26 and 28.

Advance payment for the first time

In order to maintain the welfare of metal sector employees while negotiations for the new Group Collective Labor Agreement are ongoing, MESS decided to make advance payments to employees covered by the agreement for the period until the process is completed. Due to the fact that employees covered by the agreement would normally have to wait for a raise during the negotiation process, MESS, along with its members, made an important decision at the beginning of the Group Collective Labor Agreement negotiations. These payments will be offset from the accumulated differences when the agreement is signed. In light of these decisions, approximately 160,000 employees covered by the Group Collective Labor Agreement will receive advance payments for the first time in history as negotiations continue.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

UzOman has become a partner with a 33.3% stake in Hektaş Asia LLC, a group company of OYAK

Wednesday, February 4, 2026

Turkish automotive exports reached a record level in January

Wednesday, February 4, 2026

Ukraine extends anti-dumping measures on steel bar imports for five years

Wednesday, February 4, 2026

Jai Balaji Group starts OPVC pipe production

Wednesday, February 4, 2026

US reduces customs tariff on India to 18%

Wednesday, February 4, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now