Hyundai Steel to build plant in Louisiana with annual output of 2.7 million tonnes

Government

SEOUL : South Korea's Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a plant in Louisiana in the United States with an annual capacity of 2.7 million tonnes, the company said in a regulatory filing on Tuesday. This is part of Hyundai Motor's $21 billion investment in the United States, which was announced by the company on Monday with President Donald Trump at the White House. Hyundai Motor shares rose as much as 7.5 per cent to hit the highest level since late

Tag-uri: Donald Trump

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