# France-based machine industry company Fives Group has announced the signing of a major contract covering the design and supply of advanced coil finishing lines for automotive steel applications.

*semiconductor · news · 2026-04-06 · SteelOrbis*

## Key points

- Fives Group will design and supply advanced coil finishing lines for Hyundai Steel and POSCO's Louisiana mill.
- The Louisiana facility will produce 2.05 million mt of cold rolled coil annually, mostly for automotive use.
- The plant will use a direct reduction-electric arc furnace process to manufacture low-carbon steel.
- Seventy percent of the plant's output, or 1.8 million mt, will be automotive-grade steel for North America.

**Companies:** Fives Group
**Countries:** France, United States, South Korea

[Read the full story on SteelOrbis](https://www.steelorbis.com/steel-news/latest-news/hyundai-steel-posco-and-fives-ink-contract-for-louisiana-steel-plant-project-1446045.htm)

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