# Hyundai Steel signs $650M contract with Danieli for Louisiana steel mill equipment

Hyundai Steel signed a $650 million contract with Danieli to supply equipment for an electric-arc-furnace integrated steel mill in Louisiana, including a DRI plant and electric arc furnace. The mill will produce 2.7 million tons of steel annually starting in 2029.

- Type: Contract
- Announced: 2026-01-08
- Where: Louisiana, United States
- Value: $650.0M
- Status: announced
- Capacity: 2.7 million tons per year
- Products: DRI plant, electric arc furnace, continuous casting line, reheating furnace
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [HYUNDAI STEEL](https://endata.com/companies/45234.md)
- [Danieli](https://endata.com/companies/15743.md) (supplier)

## Sources

- [biz.chosun.com](https://biz.chosun.com/en/en-industry/2026/01/08/2LZERKNASVECPILSZNVDZ5S3VA/), 2026-01-08: "Hyundai Steel plans to produce 2.7 million tons of steel products annually there starting in 2029 while cutting carbon emissions by up to 70% compared with the blast furnace process."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.