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

Zee News Sunday, 24 August 2025 ()
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.
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