# 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.

- Type: New facility
- Announced: 2026-11-06
- Where: Donaldsonville, Louisiana, United States
- Value: $5.80B
- Jobs: 1,300
- Starts operating: 2029
- Status: under construction
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [opportunitylouisiana.gov](https://www.opportunitylouisiana.gov/news/momentum-in-action-hyundai-steel-preparing-louisiana-for-what-comes-next), 2026-11-06: "The $5.8 billion investment is expected to create 1,300 direct new jobs when commercial production begins in 2029."

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