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Hyundai’s $5.8 billion low-carbon steel plant breaks ground 10/12 Industry Report Officials broke ground on the new $5.8 billion Hyundai steel plant in Donaldsonville on Friday, reports WBRZ. Site preparation for the project began several months ago; however, construction cannot start until the…
Hyundai’s proposed $6 billion facility in Ascension Parish could significantly transform the steel manufacturing landscape, Louisiana Illuminator reports. Instead of relying on traditional coal-fired blast furnaces, the facility is expected to use direct reduced iron technology combined with electric arc furnaces,…
Hyundai-POSCO Louisiana Steel [HPLS] recently submitted revisions to its air permit application that are expected to reduce emissions from the proposed $5.8 billion facility in Ascension Parish, marking an improvement from the version submitted in January, according to a company spokesperson.
Entergy Louisiana recently inked an electric service deal with Hyundai Steel’s joint venture, Hyundai-Posco Louisiana Steel, to support their upcoming $5.8 billion steel mill in Donaldsonville. The project—Hyundai Motor Group’s first North American steel facility—will anchor RiverPlex MegaPark and…