POSCO announced a joint financial support program with IBK Corporate Bank and K-SURE, aimed at addressing rising global tariff pressures and a steel oversupply.

According to the plan, POSCO and IBK will jointly invest 20 billion won in K-SURE, which will provide approximately 400 billion won in preferential guarantees to support relevant trading companies. The program was launched in January of this year.

In addition to the guarantee mechanism, IBK Corporate Bank will also provide complementary financial services, including preferential loans with below-market interest rates and guarantee fee reductions, further lowering corporate financing costs.