Trump to announce largest steel plant in U.S. history will be built in Iowa
The project is expected to create more than 5,000 construction jobs and 1,750 permanent positions, White House officials said.
- On Monday, President Donald Trump will announce a $15 billion plan by Minnesota-based Mesabi Metallics to build a steel plant in Iowa over the coming years, a White House official said.
- The project will feature full vertical integration, utilizing iron ore from Mesabi's new $2.5 billion Minnesota mine, with the facility expected to reach 10 million tons of steel annually by 2030.
- Construction is expected to support 5,000 to 6,000 jobs, while the plant will create at least 1,750 permanent positions in Iowa and support U.S. defense projects, officials said.
- The announcement arrives less than 40 days before midterm elections, with Iowa Republicans facing competitive races as the administration highlights the investment to promote domestic manufacturing.
- Last year, the administration doubled tariffs on imported steel to 50%, and steel levies remain part of ongoing trade disputes the White House aims to address through domestic investment.
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President Trump Announces Largest Steel Plant in U.S. History Being Built in Iowa
The iron ore from Minnesota combined with a new steel works in Iowa. GOOD STUFF! Today, President Donald J. Trump announced one of the largest steel plants in American history: a $15 billion Mesabi Metallics mill in Iowa. The project will create 1,750 permanent Iowa jobs, support up to 6,000 construction jobs, and is projected […]
President Trump is pinning part of his economic pitch on a massive new steel project in Iowa. Flanked by exercises from Mesabi Metallics at the White House on Monday, he's all the company's plan for a $15 trillion steel complex in eastern Iowa that the White House says could ring...
Trump unveils plan for $15 billion Iowa steel project | Honolulu Star-Advertiser
President Donald Trump said today that a Minnesota company plans to build a multi-billion-dollar steel mill in Iowa, handing the administration a marquee manufacturing investment to showcase as Republicans head into November’s midterm elections.
Trump announces a new $15B Iowa steel plant and claims it will be the nation’s biggest
President Donald Trump winks as the members of the media depart the Oval Office of the White House as Essar Capital Director Prashant Ruia, from left, Energy Secretary Chris Wright, Commerce Secretary Howard Lutnick, John Jovanovic, chairman of the Export-Import Bank of the United States, Iowa Attorney General Brenna Bird, Mariannette Miller-Meeks, R-Iowa., and Rep. […]
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