Hyundai Steel developing $5.8B steel plant in Donaldsonville, Louisiana

Hyundai Steel is developing its first North American manufacturing facility in Donaldsonville, Louisiana, with a $5.8 billion investment. Commercial production is expected to begin in 2029, creating 1,300 direct jobs.

“The $5.8 billion investment is expected to create 1,300 direct new jobs when commercial production begins in 2029.”opportunitylouisiana.gov

• 1 source
• opportunitylouisiana.govMomentum in Action: Hyundai Steel Preparing Louisiana for What Comes Next - LED | Louisiana Economic DevelopmentNov 6, 2026

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