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Hyundai Steel launches $5.8B EAF steel mill project in Louisiana · Endata

◂ Announcements

Sep 4, 2026NEW FACILITYAscension Parish, Louisiana, United States

Hyundai Steel launches $5.8B EAF steel mill project in Louisiana

Hyundai Steel held a ceremonial event for a $5.8 billion Electric Arc Furnace-based integrated steel mill in Ascension Parish, Louisiana. The facility, operated by HYUNDAI-POSCO Louisiana Steel LLC, will have an annual capacity of 2.7 million metric tons and is targeted for commercial production in 2029, creating 1,300 direct jobs.

Value

$5.80B

Jobs

1,300

Starts operating

2029

Status

Under construction

Capacity

2.7 million metric tons per year

Productsautomotive steel

CompaniesHYUNDAI STEEL Hyundai Motor Company partner POSCO partner Kia partner Hyundai-POSCO Louisiana Steel partner

Sectors#Steel and Metal Products

“Hyundai Steel Company held a ceremonial event today for a $5.8 billion Electric Arc Furnace-based integrated steel mill in Louisiana”hyundaimotorgroup.com

1 source
hyundaimotorgroup.comHyundai Steel Celebrates Louisiana EAF Steel Mill Project Launch, Driving Growth for U.S. Manufacturing | News | Hyundai Motor GroupHyundai SteelSep 5, 2026

Summarized from public sources; check the original articles before acting on it.

More from HYUNDAI STEEL

Apr 3, 2026CONTRACTLouisiana, United States$5.82B1,300 jobs
Hyundai Steel and Fives sign contract for coil finishing lines at Louisiana steel mill
HYUNDAI STEEL SMS group supplier fivesgroup.com steelorbis.com azovpromstal.com
Jan 8, 2026CONTRACTLouisiana, United States$650.0M
Hyundai Steel signs $650M contract with Danieli for Louisiana steel mill equipment
HYUNDAI STEEL Danieli supplier biz.chosun.com
Dec 17, 2025ACQUISITIONUnited States, United States
POSCO to buy 20% stake in Hyundai Steel's new US mill
POSCO investor HYUNDAI STEEL target steelbazaar.com
Aug 28, 2025NEW FACILITYLouisiana, United States
Hyundai Steel to build electric arc furnace steel plant in Louisiana
HYUNDAI STEEL telematicswire.net
Jun 17, 2025CONTRACTSouth Korea$132.0M
Hyundai Steel signs supply contract with GM Korea
GM Korea customer HYUNDAI STEEL supplier ainvest.com
Mar 24, 2025INVESTMENTLouisiana, United States$21.0B1,400 jobs
Hyundai Motor Group announces $21B US investment including new steel plant
Hyundai Motor Company HYUNDAI STEEL theglobeandmail.com automotivelogistics.media

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