South Korea-based Hyundai and President Donald Trump announced a $20 billion investment in US on-shoring on Monday, which includes a $5 billion steel plant in Louisiana, at the White House Monday.

Hyundai announced plans Monday to invest a fresh $20 billion in the US, including a new steel plant in Louisiana — making the South Korean automaker the latest major foreign firm to ...

The state-of-the-art facility will focus on producing advanced steel for Hyundai's two American automobile factories, which are gearing up to manufacture electric vehicles. The announcement is set ...