South Korea's POSCO considers joining Hyundai Steel's $5.8 billion steel plant project in US, reports say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 13 2025
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Should l Buy ?
Source: Reuters
POSCO's Potential Investment: South Korean steelmaker POSCO is considering joining Hyundai Steel in a $5.8 billion plant project in Louisiana to adapt to U.S. tariffs on the steel industry.
Current Status of Discussions: While POSCO is exploring various strategic options for its investment in the U.S., no final decisions have been made yet.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
