Yonhap Infomax NewsHyundai Motor Group has detailed a $5.8 billion investment plan for a new US steel mill, with Hyundai Steel Co. leading a consortium including POSCO, Hyundai Motor America, and Kia America, targeting commercial production in 2029.
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Hyundai Motor Group Finalizes US Steel Mill Investment Structure—Hyundai Steel to Inject 2 Trillion Won
Hyundai Motor Group has detailed a $5.8 billion investment plan for a new US steel mill, with Hyundai Steel Co. leading a consortium including POSCO, Hyundai Motor America, and Kia America, targeting commercial production in 2029.