Hyundai Announces $5.8 Billion Louisiana Steel Mill for Auto Supply
Hyundai Steel Company announced March 24 that it would build a new $5.8 billion electric arc furnace steel mill in Louisiana to supply steel for Hyundai Motor Group. The latest announcement follows a previous Hyundai announcement it would invest a total of $21 billion in the United States on unspecified projects.
Hyundai Steel reveals plans for a $5.8 billion factory in the U.S.
South Korea’s Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with an annual capacity of 2.7 million tonnes, the company said in a regulatory filing on Tuesday.
Now Boston Metal has successfully demonstrated that its Molten Oxide Electrolysis (MOE) industrial cell can be scaled up to ...
Fortescue’s main low-grade iron ore generates high carbon emissions in steelmaking and is not amenable to green steelmaking.
For Boston Metal, the new reactor is a step towards industrial-scale green steel plants that can make millions of tons of ...
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Electric-powered US plant produces first ton of green steel, oxygen as by productA novel industrial reactor that produces steel using only electricity hit a major milestone after producing a ton of steel at ...
Steelmakers worldwide decreased their output this February by 3.4 percent compared with February 2024 and by 4.4 percent ...
NEW DELHI/BEIJING, Feb 25 (Reuters) - India could extend restrictions on low-ash metallurgical or met coke imports to encourage local steel mills to source the steelmaking ingredient from domestic ...
Northwest Indiana's steel mills produced 28 million metric tons of carbon dioxide in 2020. That's more than eight states in ...
The bill directs the Department of Economic Development to identify and designate suitable sites for both coal electric ...
Tata Steel appoints South Wales contractors for its £1.25 billion green steel-making investment at Port Talbot, creating 300+ ...
An expert-led paper commissioned by the Community Union also recommends new facilities be developed to maintain Britain’s ability to make steel from scratch, rather than relying on recycled materials ...
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