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Hyundai Steel holds launch event for $5.8B Louisiana EAF mill

Hyundai Steel held a ceremonial event for a $5.8 billion electric arc furnace-based integrated steel mill in Louisiana, described as the first of its kind in North America.

SEOUL, South Korea and ASCENSION PARISH, La., Sept.

4, 2026 // -- Hyundai Steel Company held a ceremonial event today for a $5.8 billion Electric Arc Furnace-based integrated steel mill in Louisiana, the first of its kind in North America, marking a pivotal moment in strengthening U.S. ma…