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Trump to announce massive steel plant in Iowa

The Hill·September 28, 2026·1 min read
Trump to announce massive steel plant in Iowa

President Trump will announce Monday that Mesabi Metallics plans to build a $15 billion steel mill in Iowa. The Minnesota company recently invested $2.5 billion in a new 7.5 million-ton iron ore mine. Company executives will join Trump at the White House to unveil the project, which is expected to boost domestic steel production.

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