Trump announces plan for $15 billion steel plant, would be largest in U.S. history
Trump's announcement with Mesabi Metallics comes as Americans' souring views of the economy are poised to shape the upcoming midterm election.
Crossfiled / Mesabi Metallics
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Trump's announcement with Mesabi Metallics comes as Americans' souring views of the economy are poised to shape the upcoming midterm election.
The plant is expected to create 1,750 permanent jobs in Iowa, a White House official said.
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 brand new 7.5 million-ton iron ore mine in Minnesota. The company’s executives will be present with Trump at the White House t
Mesabi Metallics, which is building the plant, aims to start production in 2030, a White House official said.
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