Hyundai Steel reveals plans for a $5.8 billion factory in the U.S.
South Korea’s Hyundai Steel will invest $5.8 billion along with Hyundai Motor Group to build a steel plant in the U.S. state of Louisiana with an annual capacity of 2.7 million tonnes, the company said in a regulatory filing on Tuesday.
The letter, which was seen by Bloomberg News, highlighted to members that Ancora would sell the company’s Big River assets in ...
The activist investor previously said in a filing it intended to put $500 million into the northwest Indiana site.
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The land, adjacent to the South Chicago neighborhood, was once home to the US Steel South Works plant. But the plant closed in 1992, and the site has sat empty ever since despite various plans to ...
PITTSBURGH, March 20, 2025--United States Steel Corporation (NYSE: X) today provided first quarter 2025 adjusted net earnings per diluted share guidance of ($0.53) to ($0.49). First quarter 2025 ...
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