Why this project qualifies
With $5.8 billion in facility-specific investment and 1,300 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →Why it matters
The steel context.
American steelmakers are building a new generation of electric-arc-furnace mills alongside expanded sheet, plate, rebar and coating lines. Nucor, U.S. Steel, Cleveland-Cliffs, Steel Dynamics, CMC, BlueScope and Hyundai Steel are adding capacity for automakers, construction and grid infrastructure across the industrial Midwest, Southeast and Southwest.
Project record
At a glance
- Company
- Hyundai Steel
- Industry
- Steel
- Location
- Donaldsonville, Louisiana
- Investment
- $5.80B
- Permanent jobs announced
- 1,300
- Status
- Planning
- Announced
- Mar 24, 2025
- Expected opening
- Jan 1, 2029
- Added to tracker
- Apr 15, 2025
Sources
Official references
- Primary source https://www.opportunitylouisiana.gov/news/louisiana-wins-again-governor-jeff-landry-led-secure-5-8-billion-hyundai-steel-plant
Related
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In Louisiana
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