17
Feb
21:32
Nucor receives prospective tax breaks for facility expansion
US steel producer Nucor has received initial approval for tax breaks by Berkley County Council's Committee on Finance for a prospective $300 million expansion to its steel operations in Berkley County, South Carolina.
The proposed agreement between the county and Nucor would slash the company's property tax rate at the facility by 4.5 percentage points from a 10.5% rate to a reduced rate of 6%. Berkley County is currently in competition with three oth…
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Anonymous
Very good overview of the weekly steel market.
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