Summary
President Donald Trump will announce a $15 billion steel plant project in Iowa. The plant is expected to be the largest steel facility in U.S. history and will be built by Mesabi Metallics.Key Facts
- The steel plant will cost $15 billion to build.
- It will be located in Iowa.
- Mesabi Metallics is the company expected to build the plant.
- The plant will be the largest steel production facility in the United States.
- It will eventually produce up to 10 million units (likely tons) of steel.
- The announcement will be made by President Trump on Monday afternoon.
- The project is part of the Trump administration’s industrial development plans.
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