Hyundai Steel's announcement of a $6 billion investment in a new U.S. plant has drawn criticism from investors concerned about the lack of detailed funding plans and strategic clarity. The investment is part of a broader $21 billion package by Hyundai Motor Group aimed at navigating evolving U.S. tariff policies.
Despite hopes that the investment could influence tariff negotiations, skepticism remains. Hyundai Steel's shares have dropped over 21% since the announcement, and questions have been raised about the project's viability, location choice in Louisiana, and market demand.
Vietnam Steel by Hoa Sen Group
