Recently, Germany Volkswagen Group's first 41 parts suppliers in the world, Korea Pohang iron and steel company, as the sole supplier of carbon steel flat products selected.

The company announced Future Automotive Supply Tracks project in February of this year which is a group of future-oriented part of the plan. It is tried to focus on strengthening cooperation with suppliers and deal with the challenges facing the automotive industry is currently faster technological innovation.

Therefore, selected suppliers at an earlier stage in the future involved in the product development cycle.

Meanwhile, Posco said that the quality of cars can be recognized, they are very proud of Pohang can be considered as Germany VW Germany car factory supplies in near future

First half of the year, Korea’s cold rolled coils exports to Germany soared 98%, but the supply is still relatively low which wass about 3,500 tons last year.