From Newsgroup: rec.crafts.metalworking

President Donald Trump on Monday announced a plan for a $15 billion
steel mill in Iowa.

oThis steel will be mined, melted and made right here in the USA, which
is something very unusual,o Trump said in the Oval Office, where he was
joined by Commerce Secretary Howard Lutnick; Joe Broking, the CEO of the company building the plant; and other business leaders.

Mesabi Metallics is constructing the plant with the aim of starting
production by 2030, a White House official said. The facility is
expected to produce 10 million tons of steel a year and create as many
as 1,750 permanent jobs in the state, the official said.

The plant will be capable of supporting defense sector requirements for high-grade steel, the official said.

The president said the plant will oproduce some of the highest quality,
most affordable steel anywhere in the world.o

The Wall Street Journal was first to report on the new facility.

The announcement comes weeks ahead of the 2026 midterm elections, with
Iowa in the center of the fight for the Senate and the House. Democrats
are also challenging for the governorship after 16 years of
uninterrupted Republican control of the stateAs top office.

The plant will use iron ore from a new mine that the company invested
$2.5 billion to build in Minnesota. The mine, which will come online in
the coming weeks, will produce about 7.5 million tons of iron per year
and create about 350 jobs in the state, the White House official said.

The mine is based in MinnesotaAs Mesabi Iron Range, which stretches 80
to 100 miles and contributed about 60% of total iron ore production in
the U.S. during the 20th century, according to the U.S. Geological
Survey.

https://www.nbcnews.com/politics/trump-administration/trump-unveil- steel-plant-iowa-tariffs-manufacturing-rcna600241
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