Hyundai Steel to build steel mill in the U.S. with annual production of 2.7 million tons, completion in 2029 - South Korean media

Hyundai Steel, a major steelmaker, has announced that it plans to build a steelworks in Virginia, USA, with an annual production capacity of 2.7 million tons. The plant will include direct reduced iron (DRI) production facilities, electric furnaces, and hot and cold rolling production facilities.