Hyundai plans to build steel mill in south Louisiana | Business News ...
2 days ago · Korean auto giant Hyundai is planning to build a multibillion dollar steel mill in Ascension Parish to supply its Hyundai and Kia vehicle assembly plants in the U.S., creating roughly 1,300 full ...
Hyundai plans $6B steel mill in Ascension Parish
1 day ago · Hyundai’s project, if finalized, would mark one of the largest single investments in the state’s manufacturing sector. The company is reported to spend over $6 billion on the project.
Hyundai plans $6B steel mill in Louisiana
15 hours ago · South Louisiana could soon welcome a multibillion-dollar economic boost as Hyundai plans to build a steel mill in Ascension Parish to supply its U.S.-based Hyundai and Kia vehicle assembly plants. The project, as reported by the Times-Picayune , expected to create roughly 1,300 full-time jobs, is being touted as a major development opportunity ...
Hyundai to Bring New Steel Plant With 1300 New Jobs to Louisiana
14 hours ago · As the new year gets underway, Louisiana received some positive economic news as Hyundai Motor Group announced that they are planning to build a multibillion-dollar steel mill in Ascension Parish ...
Hyundai Steel mulls U.S. plant to supply carmakers as Trump's …
2 days ago · Based on the reported investment amount, Hyundai Steel's steel factory will likely have an annual capacity between 2 million to 3 million tons, which means it could lure other global automakers as clients. The consideration comes with the United States imposing an annual quota of 2.68 million tons of steel from Korea during Trump's first term.
Hyundai plans $6B steel mill in Ascension Parish | Louisiana ...
2 days ago · The proposed steel mill is among several significant projects vying for incentives under ITEP. Of the 223 applications submitted to LED in 2024, only 15 were approved for contracts, representing a total investment of $2.4 billion. Hyundai's project, if finalized, would mark one of the largest single investments in the state's manufacturing sector.
Report: Hyundai to build multibillion-dollar steel mill in …
1 day ago · Report: Hyundai to build multibillion-dollar steel mill in Ascension Parish 10 hours 30 minutes 54 seconds ago Wednesday, January 08 2025 Jan 8, 2025 January 08, 2025 2:31 PM January 08, 2025 in News
Hyundai Steel mulls building automotive plant in US
21 hours ago · South Korean steelmaker Hyundai Steel is considering establishing a steel mill in New Orleans, Louisiana, to supply automakers Hyundai Motor and Kia. ... Hyundai Steel mulls building automotive plant in US. Published 9th January, 2025 by Catherine Hill ... Yonhap News Agency reported that the steelmaker had discussed an estimated $6.87 billion ...
Hyundai Steel considers building steel mill in U.S.
2 days ago · Industry insiders see Hyundai Steel‘s move as a strategic preparation by Hyundai Motor Group for possible tariff measures under the second Trump administration, which is set to launch on January 20. If Hyundai Steel produces automotive steel sheets in the U.S., it could directly supply them to Hyundai Motor Co. and Kia Corp. in Georgia.
Hyundai Steel plans U.S. steel mill to supply automotive steel for ...
3 days ago · Hyundai Motor Group currently has Kia's factory in Georgia (350,000 units per year) and Hyundai's factory in Alabama (330,000 units per year) and is set to complete the MetaPlant America (HMGMA ...
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