Page 92 - Steel Metallurgy eMagazine Volume September 2026
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GLOBAL STEEL BRIEFS
Hyundai Steel tonnes per annum of hot and life by an estimated 15-20 years,
Breaks Ground on cold-rolled automotive steel supplying feedstock for downstream
HRC finishing operations serving
$5.8 Billion EAF sheets, supplied to Hyundai automotive, appliance, and tubular
Motor's Alabama plant, Kia's
Mill in Louisiana Georgia facility, and Hyundai markets.
— North America's Motor Group Metaplant
First of Its Kind America. An on-site Direct
Reduction Plant (DRP) feeds
DRI continuously into two
he Hyundai-POSCO JV
facility will produce 2.7 EAFs — eliminating the
TMTPA of automotive steel blast furnace and cutting
using DRI-EAF technology, cutting COn approximately 70 per
COn by 70% vs. blast furnace. cent versus conventional
Commercial production targeted for steelmaking. The facility is Global DRI
2029, creating 5,400 jobs.
designed to later switch from Production Hits
Hyundai Steel Company natural gas to green hydrogen Record 151 Million
held the ceremonial DRI, providing a clear future Metric Tonnes in
groundbreaking for its $5.8 decarbonisation pathway. The 2025 — Midrex
billion integrated steel mill project will generate 5,400
at RiverPlex MegaPark, jobs, including 1,300 direct idrex Technologies Inc.
Ascension Parish, Louisiana on positions. reported on 9 September
4-5 September 2026 — the most M2026 that global DRI
significant new steelmaking production reached a record 151
investment in North America million metric tonnes in 2025,
driven by growing EAF adoption, the
in a generation and the first economics of DRI in gas-advantaged
EAF-based integrated steel regions, and the recognition of DRI
facility of its kind on the as the critical enabler of hydrogen-
continent. Louisiana Governor based green steel. India — the
Jeff Landry, POSCO Group world's largest coal-based sponge
iron producer — is a key part of this
Chairman In-hwa Chang, US Steel story, as projects such as JSW Steel's
and Hyundai Motor Group Rayalaseema EAF facility and JSPL's
Executive Chair Euisun Completes $350 Angul expansion expand DRI-EAF
Chung attended the ceremony, Million Blast capacity domestically.
reaffirming the Group's Furnace Reline,
$26 billion US investment Returns Unit to
commitment.
Service
The mill will be operated by
Steel
HYUNDAI-POSCO Louisiana U nited States completed
Corporation
Steel LLC (HPLS) — a joint a $350 million reline
venture between Hyundai of its largest blast furnace and
Steel, POSCO, Hyundai Motor returned the unit to full service
Company, and Kia. It will on 3 September 2026. The project
produce 2.7 million metric restores full hot metal production
capability and extends operational
90 STEEL & METALLURGY SEPTEMBER 2026
