Hyundai Steel’s U.S. Plant Archives | Be Korea-savvy
POSCO Considers Stake in Hyundai Steel’s U.S. Plant Amid Rising Tariff Pressures

POSCO Considers Stake in Hyundai Steel’s U.S. Plant Amid Rising Tariff Pressures

SEOUL, April 13 (Korea Bizwire) — POSCO, South Korea’s largest steelmaker, is reportedly exploring a potential equity investment in Hyundai Steel’s upcoming electric arc furnace plant in Louisiana, a move that could mark a rare alliance between the nation’s top two steel producers as they look to navigate intensifying U.S. trade barriers. If realized, the collaboration [...]