Trump to announce massive steel plant in Iowa

The Hill - Sep 28, 2026

President Trump is set to announce Monday that a Minnesota company plans to build a $15 billion steel mill in Iowa. Mesabi Metallics also recently invested $2.5 billion in a new 7.5 million-ton iron ore mine in Minnesota. The company’s executives will be present with Trump at the White House to unveil the project. The...

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