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01 Apr
19:24

POSCO looks to build rod centre in Indiana

Korean steelmaker POSCO is considering installation of a $19 million wire rod processing centre at a port in Jeffersonville, Indiana. This is according to a joint press release from POSCO and economic development organization One Southern Indiana. POSCO is seeking phased-in property taxes for the proposed 120,000 square-foot site. The tax proposal and any other local incentives will be voted on within the month by the Jeffersonville City Council, Kallanish under…
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