After a Russian steel manufacturer backed out of the site, citing the global economy, the Portsmouth Daily Times (where I briefly worked) reports that a contract to sell the property to L.A.-based Reliance Steel for one of its subsidiaries, Infra-Metals, to construct a steel plant that will create 100 new jobs in impoverished Scioto County.

With access to freight rail and the Ohio river, the plant is ideal of steel production as it’s located in a high-coal river valley and there’s a nearby Sun coke production plant in Haverhill that opened in 2005 which already supplies Ohio-based AK Steel in Butler County.

Looks like southern Ohio is about lose some of the rust off its belt.

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