Trump to announce largest steel plant in U.S. history will be built in Iowa
The project is expected to create about 1,750 permanent jobs and 5,000 to 6,000 construction jobs, 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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$15B steel mill planned for Iowa, not MN
From WHO-13 (NBC, Des Moines), Special session called for planned $15 billion steel mill in Iowa. That’s billion, with a “b.” The gut punch, from Fox Business, The project is expected to eventually produce up to 10 million tons of steel annually, primarily using iron ore from the company’s recently opened Minnesota mine. Once completed, it would be the largest steel production facility in the U.S. and part of an all-American supply chain. The ir…
Trump Makes Historic Deal
President Donald Trump announced plans for a massive new steel plant in Iowa that the White House says would become the largest facility of its kind ever built in the United States. The project represents an investment of roughly $15 billion and is expected to create about 1,750 permanent jobs once the plant is fully […]
ICYMI: President Trump Announces Largest-Ever Steel Plant Coming to Iowa
President Donald J. Trump announced a $15 billion Mesabi Metallics steel complex is coming to Iowa — the largest steel plant ever built in the United States as more industrial capacity comes home. The project will create 1,750 new, permanent jobs, support up to 6,000 construction jobs, and generate an estimated $95 billion in U.S. […]
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