And next year it hopes to complete the construction of a cold-rolling mill near Vietnam's ho Chi Minh City, and an automotive steel-sheet plant in Mexico to supply General Motors and Hyundai Motor.

明年它希望完成位于越南胡志明市附近的冷轧钢工厂和墨西哥的汽车钢板工厂(向通用汽车和现代汽车提供钢板)。

youdao

Hyundai Steel was already a major producer of steel beams and such for construction, forming them out of melted scrap steel.

FORBES: Hyundai Motor Revisits Henry Ford's Vision

The Korean carmaker is bucking decades of automotive history by tapping its Hyundai Steel unit to produce virgin steel for cars rather than buying it from suppliers.

FORBES: Magazine Article

If Hyundai is making steel rather than importing it from places like Japan or China, it can control prices and ensure adequate supply for its rapidly growing automotive business.

FORBES: Hyundai Motor Revisits Henry Ford's Vision