Trump Announces $15 Billion Steel Plant Plan
· Telemundo McAllen (KTLM)
President Donald Trump announced on Monday a plan for a $15 billion steel plant in Iowa. 'This steel will be mined, melted, and manufactured right here in the United States, which is very unusual,' Trump said in the Oval Office, where he was joined by Commerce Secretary Howard Lutnick, Joe Broking, CEO of the company building the plant, and other business leaders. Mesabi Metallics is constructing the plant with the goal of starting production by 2030, a White House official reported. The facility is expected to produce 10 million tons of steel annually and create up to 1,750 permanent jobs in the state, according to the official. The plant will have the capacity to meet the defense sector's requirements for high-quality steel, the official said.
AI summary · Source: Telemundo McAllen (KTLM) →
