Baoshan

The Associated Press reported agitation at port depots in Shanghai's Baoshan and Pudong districts.

Shanghai Truckers Mount Rare Protest James T. Areddy 2011

Baoshan Iron & Steel was up 2.2% after the China Daily reported Tuesday the company will build a plant in the southern Guangdong province port city of Zhanjiang this year.

Indian Shares Tumble, Leading Asian Swoon 2011

"Do you know why TV hasn't reported about us?" asked the wife of one drive at the Baoshan truck depot.

Truckers Idle Rigs in Shanghai James T. Areddy 2011

Nearby, in the north Shanghai district of Baoshan, truckers vowed in interviews that they would continue agitating for higher pay that they say is needed as fuel and other costs rise.

Shanghai Truckers Mount Rare Protest James T. Areddy 2011

On Friday, at least 100 parked flatbed trucks at a lot in the city's northern Baoshan district offered evidence of the drivers' resolve to persist with the strikes, which they say will continue until their demands for financial relief are met.

Truckers Idle Rigs in Shanghai James T. Areddy 2011

Starting lLast Wednesday in Shanghai's northern district of Baoshan, independent truck drivers at one container-handling facility launched a protest over fee rises, including a 5.5% to 8% rise in wholesale fuel costs on April 7, they said made it uneconomical to work.

Shanghai Lowers Truck Fees James T. Areddy 2011

Jiangxi Copper Co. and Yunnan Tin Co. jumped by the day's 10% limit, with Baoshan Iron & Steel rising 4.7% and China Shenhua Energy gaining 6.3%.

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Daye Special Steel surged 6.3%, Wuhan Iron & Steel rose 3.4%, and Baoshan Iron & Steel gained 1.4%.

Mideast Turmoil Hits Europe; Japan Off 2% Tuesday Morning 2011

Mr. Ramakrishnan said the company will also try to renew an 18-month contract with China's Baoshan Iron & Steel Co. that started October 2011.

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At the Baoshan depot, clothes dried on makeshift lines as drivers snapped mahjong tiles in the cheap motel rooms that surrounded it and one driver's son shouted from behind a plastic mask of a Chinese folk hero.

Truckers Idle Rigs in Shanghai James T. Areddy 2011