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South Korea is experiencing widespread supply disruptions of construction materials due to a strike by cargo truck drivers. The construction industry is already struggling with rising prices, and an extended walkout could seriously hinder construction work. The Safe Trucking Freight Rate System, implemented in 2020 to promote safe driving and set minimum freight rates, is at the center of the driver's demands for an extension. The strike has led to minimal movement of building materials like cement and steel, causing significant daily losses for cement plants.
