KSE - Delayed Quote KRW

Hyundai Steel Company (004020.KS)

23,000.00

+100.00

+(0.44%)

At close: 3:16:02 PM GMT+9

South Korea's POSCO considers joining Hyundai Steel's $5.8 billion steel plant project in US, reports say

South Korean steelmaker POSCO is considering joining a project by Hyundai Steel to build a $5.8 billion plant in Louisiana as the country's steel industry tries to respond to U.S. tariffs on the sector, news reports said on Sunday. Hyundai Steel said it did not have any comment on the matter. POSCO said the company was considering various strategic options regarding its investment in the United States, but nothing had yet been decided.

Reuters 4 days ago

PKX

004020.KS
+0.44%
Hyundai Steel unveils US factory plan, shares skid

SEOUL (Reuters) -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. Hyundai Steel shares initially jumped more than 5% on the news but reversed early gains to end 7% lower as U.S. President Donald Trump praised the company's plan. Hyundai Steel's proposed new U.S. steel plant is part of Hyundai Motor Group's plan to invest $21 billion in the United States, which was announced by the South Korean company's chairman with Trump at the White House on Monday.

Reuters 24 days ago

004020.KS
+0.44%
HYMTF
Hyundai Steel Announces $5.8 Billion Electric Arc Furnace-based Integrated Steel Mill in the U.S., Driving Sustainable U.S. Steel Production and Creating over 1,300 Jobs

Hyundai Steel Company has announced a significant investment of $5.8 billion to establish a new, state-of-the-art EAF-based integrated steel mill in Louisiana.

PR Newswire 24 days ago

HYMTF

004020.KQ

004020.KS
+0.44%
Hyundai, Trump announce $21 billion US investment, new steel plant

South Korea's Hyundai Motor Group announced a $21 billion investment in the United States with President Donald Trump at the White House on Monday. The investment includes a new $5.8 billion Hyundai Steel plant in Louisiana that will produce over 2.7 million metric tons of steel annually, creating more than 1,400 jobs. The steel plant is expected to supply steel to auto plants in Alabama and Georgia.

Reuters 24 days ago

004020.KS
+0.44%
Shares of U.S. steel, aluminium companies surge pre-market

(Reuters) -Donald Trump's plan to impose new 25% tariffs on steel and aluminium boosted share prices of U.S. producers in pre-market trading, while shares of producers abroad fell, with traders citing worries of disrupted flows and a reduction in demand. The tariffs, which Trump said would be announced on Monday and be in addition to existing duties, sparked warnings from Asia and Europe about the impact on prices, profitability and volumes and broader worries that they could push up inflation and drag on economic activity. Canada, Brazil, Mexico, South Korea and Vietnam are the biggest sellers of steel into the U.S., according to American Iron and Steel Institute data, while Canada is the dominant supplier of imported aluminium.

Reuters 2 months ago

004020.KS
+0.44%
Hyundai considers new steel plant in US

The facility would supply steel to Hyundai and Kia’s US plants.

Just Auto 3 months ago

HYMTF

004020.KS
+0.44%
Hyundai Steel to supply iron for LFP batteries

Understood to have the capacity to produce up to 60,000 tons of iron powder per year

Just Auto 6 months ago

^YH101

Performance Overview

Return	004020.KS	KOSPI Composite Index (^KS11)
YTD	+12.34%	+3.57%
1-Year	-26.21%	-5.67%
3-Year	-38.54%	-7.72%

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Hyundai Steel Company (004020.KS)

South Korea's POSCO considers joining Hyundai Steel's $5.8 billion steel plant project in US, reports say

Hyundai Steel unveils US factory plan, shares skid

Hyundai Steel Announces $5.8 Billion Electric Arc Furnace-based Integrated Steel Mill in the U.S., Driving Sustainable U.S. Steel Production and Creating over 1,300 Jobs

Hyundai, Trump announce $21 billion US investment, new steel plant

Shares of U.S. steel, aluminium companies surge pre-market

Hyundai considers new steel plant in US

Hyundai Steel to supply iron for LFP batteries

Performance Overview