Inside LSU’s deal with ‘next-generation’ Hyundai Steel mill, largest industry agreement in school history

The $5.8 billion Hyundai steel mill in Ascension Parish will be, by all accounts, colossal.

It will import 3.6 million tons of iron ore and produce 2.7 million tons of steel, according to a press release from Louisiana Economic Development. It will create 1,300 jobs on the site. It will rely on a state-of-the-art electric arc furnace to melt steel with electrical currents at thousands of degrees Fahrenheit — a far cry from traditional steelmaking.

And now, under a new research agreement announced this week, LSU is throwing its weight behind the mega project…

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