Hyundai presented a $6 billion plan for a hydrogen-integrated steel mill in Ascension Parish to Louisiana’s Clean Hydrogen Task Force. The goal is to launch the project by 2029, pending policy and cost clarity. The company highlighted challenges such as high hydrogen production costs and policy uncertainties. Despite obstacles, Hyundai remains committed to advancing the hydrogen economy and positioning Louisiana as a national leader. The steel mill project aims to drive job creation, emissions cuts, and clean energy adoption. Hyundai plans to start operations with blue hydrogen and transition to green hydrogen, significantly reducing carbon emissions. The company emphasized the importance of state-level economic incentives in attracting clean energy investments. Hyundai's roadmap for decarbonizing steel production includes a shift towards green steel by sourcing hydrogen from renewable energy. The project not only focuses on steel production but also envisions a sustainable future. Overall, the initiative showcases Hyundai's commitment to innovation and sustainability in the steel industry.