Hyundai, Fives Group ink deal for coil finishing lines in Louisiana

Hyundai Steel and the Paris-based Fives Group announced the signing of a contract for coil finishing lines for the Hyundai-POSCO joint-venture steel mill proposed in Louisiana.

Recall that in December 2025, South Korea’s POSCO confirmed a 20% stake in the proposed EAF mill with fellow South Korean company Hyundai, which announced the project in March of last year.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

Ethan Bernard

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