South Korean auto giant Hyundai on Monday announced a multibillion-dollar investment in the U.S., including a new $5.8 billion steel plant.

South Korean automaker Hyundai announced Monday it will invest $20 billion in the United States, including on a new steel plant in Louisiana. President Trump touted the news at the White House,

Hyundai plans to build a steel mill in Louisiana to support more auto production in the U.S., aiming to reduce its exposure to tariffs and complex global supply chains for critical materials. The deta