(株)ISON

The City of Pohang, Pohang Chamber of Commerce & Industry, and POSCO Visit Turkey and India to Increase ExportThe city of Pohang has sent overseas market-pioneering teams to Turkey (Istanbul) andIndia (Mumbai) to strengthen the global export competitiveness of Pohang local businessesand to increase their overseas expansion opportunities.Over the period of seven days, from September 2 to 8, six Pohang companies such as ISONCo., Ltd. traveled to Turkey and India. The participants visited POSCO’s local subsidiariesfor a tour of various machinery, maintenance parts, and their purchase options, andparticipated in export conferences with the local buyers who were prematched with theparticipants through a local marketability analysis based on the participants’ export items.The conference was a success, resulting in 84 consultations involving USD 61 million - 11out of which yielded export contracts totaling USD 1.94 million - and building off of thissuccess, the organizers will continue to monitor the participants’ progress with the matchedbuyers and host another conference in Korea next month, inviting the buyers from theprevious session. Upon visiting Posco Assan STS, ISON Co., Ltd. has shown interest inpurchasing monitoring systems for risk reduction and manufacturing efficiency, and the dealis waiting to move forward.Text/photography source: Gwak Seong-il, Kyongbuk Daily: September 11, 2018 issuePhotography description:1) The overseas market-pioneering teams, comprised of officials from the city of Pohang,Pohang Chamber of Commerce & Industry, and six participant businesses, pose for a photofollowing the India conference.2) The participants and the local buyers of Turkey engage in export consultations.