Hyundai Steel selects Danieli as partner for Louisiana steel plant
Hyundai-POSCO Louisiana Steel has selected Danieli, an Italian supplier to the metal industry, as its technology partner for the construction of its new $5.8 billion steel plant in Louisiana, according to a news release.
The contracts awarded includes the supply of two electric arc furnaces with secondary metallurgy, two thick slab casters and two slab reheating furnaces, Danieli reported in the release.
The announcement also noted the Energiron consortium by Tenova and Danieli has been chosen as the supplier for the direct reduction plant.
Per the release, the DRP will be the second of its kind in the U.S.
Pre-construction work at the Hyundai Steel site has begun during recent weeks along the west bank of the Mississippi River in the Modeste area of Ascension Parish.
The new facilities will be constructed on around 1,800 acres in the roughly 17,000-acre RiverPlex MegaPark industrial zone near Donaldsonville.
Michael Tortorich is a journalist for the USA Today Network in Louisiana.
Gonzales Weekly Citizen and Donaldsonville Chief, part of the USA Today Network of Louisiana, cover Ascension Parish and the greater Baton Rouge area. Follow at facebook.com/WeeklyCitizen and facebook.com/DonaldsonvilleChief.
This article originally appeared on Gonzales Weekly Citizen: Hyundai Steel selects Danieli as partner for Louisiana steel plant
Reporting by Michael Tortorich, Gonzales Weekly Citizen / Gonzales Weekly Citizen
USA TODAY Network via Reuters Connect