Washington: US President Donald Trump has said that he planned to double tariffs on foreign imports of steel to 50 percent ...

WASHINGTON, May 30 (Yonhap) -- U.S. President Donald Trump said Friday that he planned to double tariffs on foreign imports ...

Expected to be completed in 2030, it will supply the company’s two U.S. auto factories in Alabama and Georgia with steel ...

Interest in Korean culture is everywhere in Montgomery, Alabama, and immigrants say much of it can be traced back to Hyundai's 2005 plant opening.

Portions of the $21 billion will also go toward the construction of a Louisiana steel mill, where Hyundai plans to annually produce 2.7 million tons of steel. In addition to Hyundai's 14,000 ...

WASHINGTON - Hyundai Steel Company is set to establish a new Electric Arc Furnace (EAF)-based integrated steel mill in Louisiana, representing a $5.8 billion investment aimed at enhancing ...

Notably, Posco, which operates two steel processing sites in Alabama and Indiana, has long mulled over constructing a steel mill ... from the Louisiana project. Considering that Hyundai Steel ...

South Korean steelmaker Posco (NYSE:PKX) said Monday it signed a memorandum of understanding to make an equity investment in Hyundai Steel's first overseas plant in Louisiana and collaborate on ...

In particular, POSCO Group is considering investing equity in Hyundai Motor Group's electric furnace steel mill construction project in Louisiana and examining options to directly sell a portion ...

The industrial heavyweights have signed a memorandum of understanding on joint participation in the Louisiana steel project, according a statement from Hyundai. It didn’t give the possible scale of ...