Report: Trump to Unveil $15 Billion Iowa Steel Project
VIDEO
By Newsmax Wires | Monday, 28 September 2026 10:13 AM ED
President Donald Trump is expected to announce Monday a Minnesota company's plan to build a $15 billion steel mill in Iowa, a project that could support more than 1,700 jobs and rank among the largest steelmaking operations in the country, The Wall Street Journal reported.
Trump is set to unveil the proposal at the White House alongside executives from Mesabi Metallics, which this month began preliminary production at the first new iron ore mine to open in Minnesota in nearly 50 years, according to the Journal.
Steel production at the proposed eastern Iowa facility could begin in 2030, a White House official told the newspaper.
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READ MORE: https://www.newsmax.com/us/donald-trump-iowa-15-billion/2026/09/28/id/1270912/
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