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Posco to Sell Full Range of Products through Sales Outlets
10/25/2011 - Posco began providing all of its products, including hot-rolled, cold-rolled, and steel plates, through its designated sales outlets starting in October. They will also sell Posco family products.
Posco began providing all of its products, including hot-rolled, cold-rolled, and steel plates, through its designated sales outlets starting in October. They will also sell Posco family products including Posco C&C’s color steel, Posco Specialty Steel’s carbon alloy tubular products, and Fine Besteel’s section steel products.
Until recently, Posco classified its sales outlets for the eight hot-rolled products and 18 cold-rolled products, having them specialize in the products they handle. Posco family products from Posco C&C, Posco Specialty Steel, and Fine Besteel were also sold separately.
Posco notes that customers increasingly are seeking to purchase various products through one sales outlet to strengthen their purchase efficiency, leading to the Total Sourcing Solution system where customers can purchase various Posco products at once.
In May, Posco selected two sales outlets and allowed them to handle both hot- and cold-rolled products for test operation, and now it has expanded this system to all of its sales outlets.
Posco expects this Total Sourcing Solution system to become a new model in Korea’s steel distribution market.
