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Hyundai’s New Steel Mill Sparks Hopes and Fears in Louisiana

The mill would start in 2029 on natural gas with carbon capture, while Hyundai says it could switch to hydrogen later.

Summary by Asia Times
On a drizzly March day last year at the White House, President Donald J. Trump stood behind a podium to make a ​“beautiful announcement.” Hyundai, the Korean industrial giant, was investing nearly $6 billion in a new steel plant in Louisiana, which would supply domestic metal to the company’s auto plants in Alabama and Georgia. Hyundai executives flanked Trump as […] The post Hyundai’s new steel mill sparks hopes and fears in Louisiana appeared …

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thecooldown.com broke the news on Friday, July 3, 2026.
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