Hyundai Executive Chair Chung Euisun eyes Louisiana steel for SpaceX rockets and Atlas robots

  • Chung Eui-sun named Atlas robots and SpaceX rockets as HPLS steel applications.
  • HPLS plans 2.7 million tons of annual capacity, including 1.8 million automotive-steel tons.
  • Hyundai Steel and POSCO are building the Louisiana direct-reduced-iron electric arc furnace mill.

Hyundai Motor Group Executive Chair Chung Euisun said steel from the planned Hyundai-POSCO Louisiana Steel LLC, or HPLS, mill could eventually be used in Atlas humanoid robots and rockets made by companies including SpaceX. Speaking after a Friday ceremonial groundbreaking in Donaldsonville, Louisiana, Chung said the steel should be used for Atlas, the humanoid robot developed by Hyundai Motor Group. The $5.8 billion project is designed to produce 2.7 million metric tons of steel sheet annually, including 1.8 million tons of automotive steel, using direct reduced iron and electric arc furnaces. HPLS is scheduled to begin commercial production in 2029, with 800,000 tons of automotive steel allocated to Hyundai Motor and Kia factories in the United States and 5,400 jobs expected to be supported.

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