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Posco expands financial support for steel exporters
April 29, 2026
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Posted 5 hours ago by
Posco is expanding financial support for its trading partners, aiming to stabilize supply chains and strengthen export competitiveness amid global tariffs and an oversupply of Chinese steel. The program, launched in January, is structured in partnership with Industrial Bank of Korea and Korea Trade Insurance (K-Sure). Posco and IBK jointly contribute 20 billion won to K-Sure, which then provides preferential guarantees worth about 400 billion won to participating trading companies.
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The korea Herald News
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