News

Hyundai Steel's $5.8 billion steel plant in Louisiana announced at the White House faces a series of financial hurdles.
POSCO, the world’s seventh-largest steelmaker, is seeking to invest in smaller rival Hyundai Steel Co.'s first overseas plant ...
If you like your factories big and smart, and you want a glimpse of the future, then Hyundai Motor Group (HMG) has just ...
On March 24, Hyundai Motor Group Executive Chairman Euisun Chung stood alongside President Trump and other prominent politicians at the White House to announce that the automaker was making a total ...
SEOUL, April 2 (Yonhap) -- South Korean steelmakers are bracing for U.S. President Donald Trump's sweeping tariffs with possible plans to build production facilities in the United States, industry ...
U.S. President Donald Trump is set to announce “reciprocal” tariffs this week to match what other countries levy on American ...
Hyundai Motor Group Metaplant America on March 26 celebrated the official opening of a plant that will produce Hyundai, Kia and Genesis ... Hyundai Steel, with an annual steel production capacity of 2 ...
Hyundai Motor Group is announcing a significant investment of USD 21 billion in the United States from 2025 to 2028. Georgia This commitment reflects the Group’s strategic focus on expanding its ...
For now, international auto companies are reluctant to make expensive operational changes, such as adjusting supply chains or relocating more production to the U.S., since it is still possible the ...
The investment reflects the company ... steel production in the U.S. Hyundai Steel, the group’s steel affiliate, will construct an Electric Arc Furnace (EAF) steel mill in the state of Louisiana ...
HMG is the parent company of the Hyundai, Kia and Genesis vehicle brands ... And, Hyundai Steel will build a mill in Louisiana capable of producing millions of tons of steel annually, utilizing ...
It has been eyeing Texas, Georgia and Louisiana as candidates for its first offshore steel mill location ... The annual capacity of the Alabama-based Hyundai factory and Kia’s plant in Georgia is ...