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Hyundai Steel plans USD 2.9 billion capital increase for U.S. plant

On January 26, Hyundai Steel said in a regulatory filing that its affiliate Hyundai-POSCO Louisiana LLC plans a capital increase worth USD 2.9 billion for facilities investment in a U.S. steel plant.
The move follows Hyundai Steel's announcement in 2025 that it and its parent Hyundai Motor Group would invest to build....

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