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Hyundai Steel invests $5.8B in Louisiana mill, creating 1.3K jobs

Modern Korean Hyundai Motors Manufacturing plant factory for assembly facility production of cars in Alabama with sign and logo

ablokhin

Hyundai Steel, a member of Hyundai Motor Group (OTCPK:HYMTF) is investing $5.8 billion in a state-of-the-art, EAF-based integrated steel mill in Louisiana, focused on manufacturing steel plates for the automotive sector.

This project will bolster U.S. manufacturing and generate over 1,300 jobs.

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