Going local, cutting carbon: Inside Hyundai's US steel expansion
DONALDSONVILLE, Louisiana -- Hyundai Motor Group, which has spent two decades building cars in the US, is moving further upstream to make the steel that goes into them. Hyundai-Posco Louisiana Steel, the $5.8 billion electric-arc furnace steel mill planned in Louisiana, marks a new phase in the auto giant's US expansion. Set to begin commercial production in 2029, the project will supply Hyundai and Kia's manufacturing operations in Alabama and Georgia, helping the group build a more integrated
Source: The Korea Herald