Last updated 9:47PM ET
October 18, 2017
WOUB Local News
WOUB Local News
Russian steelmaker to look at southeast Ohio site for steel mill
(2007-09-16)
(WOUB) - State and local development officials are hoping the head of one of Russia's biggest steelmaking companies will build a $1 billion steel mill in southeast Ohio.

The mill would create 1,000 jobs, making it Scioto County's biggest private employer.

Governor Strickland plans to tour the Ohio River site near Portsmouth on Monday with Russian billionaire Victor Rashnikov, who controls Magnitogorsk Iron & Steel Works.

Officials say the discussions with the Russian steel giant have been productive, but declined to discuss what kinds of incentives might be offered to the company.

Officials are hoping for a decision on the mill by the end of the year.

(Copyright 2007 by The Associated Press. All Rights Reserved.)
© Copyright 2017, WOUB