Purchasing Policy

It seeks joint development and mutual trust with suppliers through fair trade, purchasing ethics and the creation of corporate partnerships.

Transparency and Fairness

POSCO establishes fair business practices by carrying out all transactions through its e-commerce system.

POSCO provides equal opportunities to qualified suppliers, improves payment conditions and facilitates competition in bidding processes to create a strong supply chain.

Purchasing Ethics

POSCO prioritizes ethics and rejects any form of pressure or unethical request.

POSCO encourages joint development with suppliers by accepting proposals for new technologies and products.

Society With POSCO

POSCO improves competitiveness across the entire supply chain and contributes to national economic growth through shared value creation.

POSCO actively promotes business collaboration activities, such as benefit sharing and joint public-private investment for technology development, and extends them to second- and third-tier suppliers.