15
Apr
15:58
Kentucky provides new incentives for AK Steel
The state of Kentucky has passed a bill aimed at enticing local steelmaker AK Steel into restarting its idled Ashland blast furnace.
House bill 535 expands the window for a company to apply for economic incentives under the state’s Kentucky Industrial Revitalization Act. It also specifically excludes approved properties containing a blast furnace and associated steel-making equipment from being subject to state sales and use taxes. The bill’s provisi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous