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California Erects First Steel Mill In Half-Century

California Erects First Steel Mill In Half-Century Pacific Steel Group is building California's first new steel mill in more than 50 years, a Kern County rebar plant whose cost has grown by about $160 million since the project was announced. Typical California steel mill The company broke ground on the Mojave Micro Mill in March 2025. The governor's office says Pacific Steel won a $30 million California Competes tax credit in 2024 in exchange for committing to more than $540 million in capital investment and nearly 450 new jobs in the mill's...
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Oct 23, 2026 / Tyler Durden
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Jun 30, 2026 / Dave DeCamp
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Oct 13, 2026 / Tyler Durden
Nasdaq Futures Slide As AI "Casino" Hangover Crushes Kospi; S&P Flat After JPM FICC Miss
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