South Korean automaker restates its interest in building a steel mill in the United States after initial comments last year.

Hyundai Steel faces strikes as negotiations with union intensify before U.S. expansion Union escalates tensions as Hyundai ...

According to the industry on the 7th, Hyundai Steel is in discussions with multiple state governments, including Texas and Georgia, regarding investments aimed at constructing a steel mill for ...

Korean auto giant Hyundai is planning to build a multibillion dollar steel mill in Ascension Parish to supply its Hyundai and Kia vehicle assembly plants in the U.S., creating roughly 1,300 full ...

Hyundai Steel is considering opening a steel mill in the United States to manufacture automotive steel provided to Hyundai Motor and Kia, in an apparent move to help the carmakers minimize regulatory ...

Korean firms ramp up U.S. investments ahead of Trumps 2nd term From CJ to Hyundai, Korean conglomerates plan to expand U.S.

If Hyundai Steel proceeds with the plan, it would be the company’s first overseas mill, with an estimated investment exceeding 10 trillion won ($6.87 billion).

The proposed steel mill is among several significant projects vying for incentives under ITEP. Of the 223 applications submitted to LED in 2024, only 15 were approved for contracts, representing a ...