Hyundai Steel Celebrates Louisiana EAF Steel Mill Project Launch, Driving Growth for U.S. Manufacturing
The $5.8 billion project is expected to produce 2.7 million metric tons of steel a year and add 1,300 permanent jobs.
- On Friday, Hyundai-POSCO Louisiana Steel held a ceremonial groundbreaking for its $5.8 billion steel mill in Ascension Parish, though construction cannot begin until the Louisiana Department of Environmental Quality approves a required air permit.
- First announced in March 2025 at the White House, the project promises to create 5,400 total jobs, including 1,300 direct positions with an average salary of about $95,000 for the Louisiana region.
- Hundreds of residents packed a Donaldsonville gymnasium Tuesday for a four-hour public hearing where local groups like the Louisiana Bucket Brigade raised concerns about environmental impact and whether promised community benefits are enforceable.
- Senior Vice President Hyeong Jin Kim said the company intends to follow through on its promises, noting the electric arc furnace facility is expected to produce 70 percent lower emissions than traditional blast furnaces.
- Projected to become operational in 2029, the mill will supply Hyundai automotive plants across the U.S., while the company partners with the River Parishes Community College Hyundai Steel Training Center to prepare the local workforce.
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Hyundai breaks ground on new west bank Ascension steel plant | Pelican Post - Online Newspaper
HYUNDAI-POSCO Louisiana Steel (HPLS) officially broke ground on its new $5.8 billion steel manufacturing facility in Ascension Parish, marking the beginning of a transformational investment for our community, our state and U.S. manufacturing. The first-of-its-kind facility will be the world’s first EAF-based, fully integrated steel mill dedicated to the automotive industry. Designed to produce steel […] The post Hyundai breaks ground on new west…
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Hyundai Steel Celebrates Louisiana EAF Steel Mill Project Launch, Driving Growth for U.S. Manufacturing
$5.8 billion investment part of Hyundai Motor Group's $26 billion U.S. commitment, strengthening local supply chain and industrial resilienceCommercial production to begin in 2029 with 2.7 million metric tons annual capacity, supporting 5,400 jobs including 1,300 direct employmentsFirst Electric Arc…
Groundbreaking ceremony in Louisiana… Construction to begin in Q4, mass production targeted for 2029. Part of Hyundai Motor Group’s investment in the U.S.… Chung Eui-sun: "Plays a major role in next-generation mobility production." South Korean and U.S. government officials, including the Minister of Trade, Industry and Energy, the Ambassador to the U.S., and the Governor of Louisiana, also attended. (Donaldsonville, Louisiana, USA)
$5.8B Hyundai-POSCO steel plant launches in Ascension Parish amid some opposition
Hyundai-POSCO Louisiana Steel held a ceremonial groundbreaking for its $5.8 billion plant in Ascension Parish, promising 1,300 jobs, as some residents and advocacy groups raise concerns.
Groundbreaking held for $5.8 billion Hyundai Steel mill, but no work to begin without permit
Hyundai executives and state and local officials held a groundbreaking ceremony Friday for a $5.8 billion steel mill in Ascension Parish, even though construction cannot begin because an air permit remains under review.
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