Hyundai-POSCO Louisiana Steel launches $5.8bn EAF mill, 2.7 Mt/yr (Ascension Parish)
مشروع قادم – United States
Hyundai Steel and partners have formally launched a DRI/EAF flat-steel mill in Louisiana with commercial production targeted for 2029. Once running it will be a large new buyer of prime and obsolete scrap in the US Gulf region.
| Lead type | Project signal |
|---|---|
| Status | Live signal |
| Country | United States · Ascension Parish, Louisiana |
| Organisation | HYUNDAI-POSCO Louisiana Steel LLC (Hyundai Steel, POSCO, Hyundai Motor, Kia) |
| Materials (as described) | EAF feed: ferrous scrap, DRI |
| Quantity | 2.7 Mt/yr steel capacity |
| Price / value | USD 5.8 bn investment |
| Announced | 05 Sep 2026 |
Materials المواد
- HMS 1&2 (heavy melting steel) حديد خردة ثقيل HMS (main)
- Shredded steel scrap حديد خردة مفروم (main)
- Busheling & new production steel خردة إنتاج جديدة (main)
- Plate & structural / demolition steel ألواح وهياكل حديدية / هدم
What to do الخطوة التالية
A future buyer or scrap source. Register as a supplier or offtaker now, before contracts are placed.
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