Trump Announces Mesabi Metallics' $15 Billion Iowa Steel Plant
JH Kim
Summary
- President Donald Trump announced plans for Mesabi Metallics to build a $15 billion steel plant in Iowa.
- The White House said the plant is projected to produce up to 10 million tons of steel a year and create at least 1,750 permanent jobs once completed.
- The plant is slated to begin production in 2030, with the first phase of construction set to create 5,000 to 6,000 construction jobs.
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President Donald Trump announced Mesabi Metallics' plan to build a $15 billion steel plant in Iowa.
Cointelegraph reported on September 28 that Trump said Mesabi Metallics plans to build a large steel production facility in Iowa. The project is valued at about $15 billion.
The White House said the plant is projected to produce up to 10 million tons of steel a year once completed and create at least 1,750 permanent jobs in Iowa.
The plant is slated to begin production in 2030. The first phase of construction is set to create 5,000 to 6,000 construction jobs.
JH Kim
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