BUSINESS

S. Korea’s Steel Exports To US All 26% In July On Higher Tariffs

In response to the steep tariffs, POSCO and Hyundai Steel Co., the country's two largest steelmakers, have unveiled plans to invest in a steel plant in the U.S. In March, Hyundai Steel announced it would build a US$5.8 billion electric arc furnace-based integrated steel mill in Louisiana by 2029, with production slated to begin the same year.

ZEE NEWS
8 hours ago
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