Announcement
Trump announces Mesabi Metallics’ plan for a $15 billion Iowa steel plant
CNBC reports the planned plant would be the largest of its kind in U.S. history. NBC News, citing a White House official, says Mesabi Metallics aims to start production in 2030.
TLDR
CBS News reports Trump announced Mesabi Metallics’ plan to build a $15 billion steel plant in Iowa. NewsHour identifies the company as Minnesota-based and owned by India-based Essar Group. NBC News, citing a White House official, says production is targeted for 2030. The White House says the project would create 1,750 permanent Iowa jobs and support 6,000 construction jobs.
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