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Hyundai Steel, Fives Sign Contract to Develop Advanced Coil Finishing Lines for New U.S. Flat Steel Mill

08 April 2026 - Fives Group announced it has signed a contract with Hyundai Steel to design and supply advanced coil finishing lines for automotive steel applications, supporting construction of a new flat steel mill in the U.S. by Hyundai-POSCO Louisiana Steel.

Cleveland-Cliffs: POSCO Partnership Discussions Ongoing

12 February 2026 - Cleveland-Cliffs Inc.’s chairman and chief executive officer remains confident that ongoing discussions with South Korean steelmaker POSCO will successfully culminate with an agreement on a strategic partnership.