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Hyundai Steel Begins Louisiana EAF Mill, Construction Waits for Air Permit

Hyundai logoHyundai
Sig4.60Sen+3.50Env-1.80Soc0.00Gov+1.20

Hyundai Steel plans a $5.8B electric arc furnace mill in Louisiana, its first steel plant in North America. The ultra-low-carbon facility is planned on about 1,700 acres in Donaldsonville within the RiverPlex MegaPark. Site work began and a deepwater dock project is underway, but construction awaits Louisiana DEQ approval of an air permit setting pollutant limits. The Hyundai-Posco Louisiana Steel JV expects to open in 2029 and produce 2.7 million metric tons annually for automotive use.

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