Reported 3 days ago
South Korean steelmaker POSCO is exploring the possibility of joining Hyundai Steel's initiative to construct a $5.8 billion steel plant in Louisiana, aiming to address the challenges posed by U.S. tariffs on the steel industry. While Hyundai Steel declined to comment, POSCO noted that it is evaluating various strategic options for its investments in the U.S., with no decisions made yet.
Source: YAHOO