South Korea Urges U.S. Tariff Relief For Louisiana Steel Mill Equipment

According to The Korea Herald, South Korea's industry minister asked the United States on Saturday to ease tariffs on equipment Korean companies will need to import for a $5.8 billion steel mill in Louisiana. Industry Minister Kim Jung-kwan made the request during a meeting with Louisiana Gov. Jeff Landry before attending the groundbreaking ceremony for Hyundai-POSCO Louisiana Steel LLC (HPLS), an electric arc furnace-based integrated steel mill scheduled to begin construction in the fourth quarter.