Hyundai’s new steel mill sparks hopes and fears in Louisiana

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 first on Asia Times .
2026-07-03 17:00:34