Fives signs major coil finishing lines contract with Hyundai Steel for US mill project

• Fives signed a major contract with Hyundai Steel to design and supply advanced coil finishing lines for automotive steel applications.
• Order supports Hyundai-POSCO Louisiana Steel’s planned low-carbon flat steel mill in the US with 2.7 million tonnes annual capacity.
• Project investment estimated at USD 5.82 billion; output split at 650,000 tonnes hot-rolled coil, 2,050,000 tonnes cold-rolled coil.
• Around 70% of production, or 1,800,000 tonnes per year, targeted for automotive steel applications.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fives SAS published the original content used to generate this news brief on September 17, 2026, and is solely responsible for the information contained therein.