Jang Young-jin, 1st Vice Minister of Trade, Industry and Energy, on-site inspection of the Pohang Works in relation to the issuance of the order to commence work in the steel sector

▲ Ministry of Trade, Industry and Energy

[미디어뉴스] On the afternoon of the 9th, First Vice Minister Jang Young-jin of the Ministry of Trade, Industry and Energy visited Posco Pohang Works and small and medium-sized company TG Tech.

Taking into account the cumulative shipment disruptions in the steel industry due to the cargo union’s refusal to transport, which has continued since November 24, the government decided to cancel the 12.8. After issuing an order to commence work in the steel sector, the Ministry of Industry inspected the site situation through this visit.

Pohang Works’ daily average road transport shipments from November 24 to the beginning of this week were below 40% compared to normal due to the cargo union’s refusal to transport, but it is currently recovering to more than half.

Also, POSCO Pohang Works last September 6. Although all 18 production factories were stopped due to Typhoon Hinnamno, 10 out of 18 factories have been restored and 5 additional factories are in the process of being operated within the year.

First Vice Minister Jang Young-jin said, “While the restoration of the Pohang Works is still in progress, there were concerns about production disruptions due to the cargo union’s refusal to transport. “Since steel is a key material for our industry, the industry is not only recovering, but also responding to damages caused by illegal acts by the Korea Cargo Coalition according to laws and principles, and reporting the necessary parts to the government so that there is no disruption to the supply and demand of steel materials even when internal and external conditions change. I will ask for support,” he stressed.

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Also on this day, First Vice Minister Jang Young-jin held a 9.6. They visited TG Tech, one of the small and medium-sized enterprises damaged by Typhoon Hinnamno, to check the damage recovery situation and listen to their difficulties.

Following the judgment that the flood damage to the steel industry in Pohang could be aggravated by the stagnation of the overall local industry, the government last October 31. Pohang City has been designated as an industrial crisis preemptive response area for the next two years.

First Vice Minister Jang Young-jin said, “As soon as the budget for supporting the preemptive response area for next year’s industrial crisis is finalized, projects related to support for overcoming corporate crises, establishment of disaster prevention infrastructure in the steel industrial complex, support for short-term R&D and commercialization, and strengthening the competitiveness of the steel industrial complex can be implemented without a hitch.” I will support you,” he said.

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