Hyundai set to officially announce a $5B steel mill plant for Ascension By Holly Duchmann - March 24, 2025 FacebookTwitterLinkedinEmailPrint President Donald Trump is expected Monday to announce Hyundai Motor Co.’s plans to invest $20 billion in the U.S.—including a new $5 billion steel mill plant in Donaldsonville, Bloomberg repor… Already an INSIDER? Sign in.