Hyundai-Posco Louisiana Steel signed a power deal with Entergy for a $5.8B green

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Hyundai-Posco Louisiana Steel signed a power deal with Entergy for a $5.8B green

· @ChurchillWw

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Hyundai-Posco Louisiana Steel signed a power deal with Entergy for a $5.8B greenfield EAF mill in Donaldsonville. It’s the first Hyundai Steel plant outside South Korea. Posco, Korea’s largest steelmaker, holds 20%. The mill will produce 2.7 million tons per year using