POSCO: uses its platform to support the export of small and medium-sized enterprises (SMEs)

l POSCO‧Korea International Trade Association signed a trade agreement on the 21st to support maritime transport for SMEs

I POSCO provides unused space on ships to SMEs that do not have transactions with POSCO… from the 1st of the coming month.

I Expects to be a catalyst for “win-win export logistics” between large domestic companies and SMEs in a context of logistics crisis

▲ On the 21st, POSCO and the Korea International Trade Association signed a “Small and Medium-Sized Enterprise Shipping Support Trade Agreement” at Samsung-dong Trade Tower. From left to right, Kwan-sup Lee, vice president of Korea International Trade Association (KITA), and Kwang-soo Kim, head of logistics business unit, POSCO.

POSCO is starting to actively support small and medium-sized enterprises (SMEs) who are struggling to export due to the recent shortage of ships and soaring shipping costs.

POSCO (CEO Jeong-woo Choi) and Korea International Trade Association (Chairman Ja-yeol Koo) signed a “Trade Agreement to Support Small and Medium-Sized Business Shipping” at the Trade Tower in Samsung-dong, Seoul on the 21st, in the presence of Kwang-soo Kim, head of the logistics business unit of POSCO, Kwan-sup Lee, vice-president of KITA, and Mi-ae Kim, who is in charge of the joint logistics response center public-private import / export to the Ministry of Commerce, Industry and Energy

POSCO has been developing and operating a trial of a “joint export logistics platform” since this year to help small and medium-sized customers ship small quantities of goods with POSCO, listening to their difficulties in securing the goods. ships on time due to low export volumes. and often have to pay relatively high tariffs, which reduces their export competitiveness.

The “Joint Export Logistics Platform” is POSCO’s win-win logistics platform developed to take the hassle out of exporting companies wishing to join the shipping company by frequently contacting them to check the shipping schedule. once. During the trial period, the total number of customers with POSCO steel products amounts to 40,000 tons.

Through this agreement, POSCO also plans to open its platform to small and medium-sized companies that do not have a direct commercial relationship with POSCO from the 1st of the coming month. POSCO, which has signed long-term transportation contracts with major domestic shipping companies on the basis of a stable export volume of 15 million tons per year, plans to systematically support Korean small and medium-sized enterprises by actively using the global network of logistics infrastructure. The total target cargo is bulk cargo, including steel, and the transport area includes approximately 80 ports in seven regions of the world.

Details will be posted this month on POSCO’s e-commerce site, (www.steel-n.com) and the homepage of the Korea International Trade Association (www.kita.net), and wired consultation is also available through the Korea International Trade Association’s Logistics Services Office (02-6000-5754) or Business Call Center (1566-5114).

This is the first time that large companies have started supporting export logistics for SMEs amid the current global shipping crisis caused by covid-19, and POSCO expects the cooperation to serve as a catalyst for “win-win export logistics” between large enterprises and SMEs in Korea.

Kwan-sup Lee, Vice President of KITA, said, “With the support of POSCO, we hope that the logistical difficulties of SMEs will be resolved to some extent. “Starting with this support project, we hope to see more cooperation between large and small businesses in the future,” he added.

Kwang-soo Kim, Head of POSCO Logistics Business Unit, said, “We are delighted that POSCO has been able to join the Korea International Trade Association to overcome the government’s logistics crisis. “We will share our years of experience in shipping and our logistics infrastructure assets with small and medium exporters to contribute to the country’s trade development and put into practice our corporate citizenship management philosophy to grow with small and medium-sized exporters, ”he added. .

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