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Hyundai Steel

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Hyundai Motor Group and POSCO to Expand Partnership in Steel and Battery Markets

21 April 2025 - Hyundai Motor Group announced it has signed a memorandum of understanding (MoU) with POSCO Group to expand their cooperation in both the steel and battery sectors.

Hyundai Motor Group Commits to US$21 Billion Investment for U.S. Growth

27 March 2025 - Hyundai Motor Group (the Group) has announced an investment of US$21 billion between 2025 to 2028, including building an electric arc furnace (EAF) steel mill in Louisiana, focusing on expanding manufacturing, advancing technologies and enhancing energy infrastructure in the U.S.