La. OKs funding for Benteler OCTG project

Aug 14, 2013 | 04:03 PM | Thorsten Schier

Tags  Bentler Steel/Tube GmbH, state of Louisiana, funding, steel mill, OCTG, oil country tubular goods, mega-project, Stephen Moret James Ecker

NEW YORK — The state of Louisiana has approved $20 million in mega-project funding for Benteler Steel/Tube GmbH’s planned $900-million oil country tubular goods (OCTG) mill at the Port of Caddo-Bossier.

"Of the total being requested, $16 million will be used for port infrastructure and the remaining $4 million will be used for site and facility development," James Ecker, budget analyst with the Louisiana office of Planning and Budget, said....

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