Trump announcement reveals $15 billion Iowa steel plant to be built by Mesabi Metallics

US News: Connecting World
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Sep 29, 2026
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Video Summary
AI GeneratedThe Trump administration has announced a massive investment by Misabi Metallics to build the largest steel plant in U.S. history in Iowa. Supported by a new Minnesota iron ore mine, this $15-18 billion project creates a fully integrated domestic supply chain to boost national security, revitalize the industrial sector, and create thousands of high-paying jobs.
