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POSCO confirms 20% stake in Hyundai's Louisiana mill
On December 16 in a SEC 6-K regulatory filing, POSCO Holdings announced that it will invest USD 582 million (approximately KRW 860 billion) in the electric arc furnace steel mill construction project in Louisiana led by Hyundai Steel. As a result, POSCO will secure a 20% stake in the project company (tentatively nam....
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