# Hyundai Steel and Fives sign contract for coil finishing lines at Louisiana steel mill

Hyundai Steel and Fives Group signed a contract for the design and supply of advanced coil finishing lines for a new flat steel mill in Louisiana, US, being built by Hyundai-POSCO Louisiana Steel. The $5.82 billion facility will have an annual capacity of 2.7 million tonnes of automotive steel.

- Type: Contract
- Announced: 2026-04-03
- Where: Louisiana, United States
- Value: $5.82B
- Jobs: 1,300
- Status: announced
- Capacity: 2.7 million tonnes per year
- Products: hot-rolled coil, cold-rolled coil, automotive steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [HYUNDAI STEEL](https://endata.com/companies/45234.md)
- [SMS group](https://endata.com/companies/2366.md) (supplier)
- [Fives](https://endata.com/companies/4605.md) (supplier)
- [POSCO](https://endata.com/companies/8856.md) (customer)
- [POSCO](https://endata.com/companies/8856.md) (partner)
- [Danieli](https://endata.com/companies/15743.md) (supplier)
- [Tenova](https://endata.com/companies/18728.md) (supplier)
- [HYUNDAI STEEL](https://endata.com/companies/45234.md) (customer)
- [HYUNDAI STEEL](https://endata.com/companies/45234.md) (partner)
- [Entergy Corporation](https://endata.com/companies/50109.md) (supplier)
- [Hyundai-POSCO Louisiana Steel](https://endata.com/companies/91204.md) (customer)

## Sources

- [fivesgroup.com](https://www.fivesgroup.com/newspress/detail-view/hyundai-steel-and-fives-advance-major-contract-for-us-automotive-steel-production-facility), 2026-04-03: "We are proud to support Hyundai Steel and POSCO in this landmark investment, which will play a key role in advancing automotive steel production in the United States."
- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/hyundai-steel-posco-and-fives-ink-contract-for-louisiana-steel-plant-project-1446045.htm), 2026-04-06: "Fives Group has announced the signing of a major contract covering the design and supply of advanced coil finishing lines for automotive steel applications in Hyundai Steel and POSCO’s planned Louisiana mill."
- [azovpromstal.com](https://www.azovpromstal.com/news/one/id/14297?lng=en), 2026-04-06: "Fives Group has announced the signing of a major contract to design and supply advanced automotive steel coil finishing lines for Hyundai Steel and the planned POSCO plant in Louisiana."
- [energiron.com](https://www.energiron.com/media/news/hyundai-steel-selects-energiron-for-major-steel-project-in-the-usa), 2026-05-04: "Hyundai Steel, a leading player in the global steel industry, has announced a $5.8 billion investment in a sustainable steelmaking plant, as part of its commitment to carbon neutrality."
- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/hyundai-posco-jv-chooses-sms-groups-rolling-mill-technology-for-new-us-steel-mill-1452898.htm), 2026-05-12: "German plantmaker SMS Group has announced that it has received an order from Hyundai Steel and POSCO’s joint venture to supply all rolling mills for its new greenfield steel plant in Louisiana, US."
- [manufacturingdive.com](https://www.manufacturingdive.com/news/entergy-signs-hyundai-steel-posco-recent-metals-deals-alcoa-fabarc/820466/), 2026-05-18: "Reliable, affordable and forward-looking energy service is essential to our vision, and Entergy's partnership gives us the confidence to invest boldly in Louisiana"

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