ET Net News Agency reported on the 29th that U.S. President Trump announced on Monday (28th) that Minnesota-based company Mesabi Metallics will invest $15 billion to build a super large steel plant in Iowa, which will be the largest steel plant in U.S. history.
Trump said the project could create up to 6,000 construction jobs, as well as nearly 2,000 production and mining jobs. He also stated that from mining to steel production, the entire process will be carried out in the U.S. The White House described it as a rare large-scale new steel plant investment in decades.
Mesabi Metallics said the project will provide '100% American steel,' mined, smelted, and cast in the U.S. (yc)
Trump said the project could create up to 6,000 construction jobs, as well as nearly 2,000 production and mining jobs. He also stated that from mining to steel production, the entire process will be carried out in the U.S. The White House described it as a rare large-scale new steel plant investment in decades.
Mesabi Metallics said the project will provide '100% American steel,' mined, smelted, and cast in the U.S. (yc)