Trump announces $15 billion Mesabi Metallics steel plant planned for Iowa

President Trump announced Monday that Mesabi Metallics plans to build a $15 billion steel plant in Iowa, which the White House called the largest steel plant in American history. The plant is expected to eventually produce up to 10 million tons of steel and would be the first mega-steel plant built in the U.S. since the 1960s, according to White House officials.