President Donald Trump on Monday announced plans to build the largest steel plant in U.S. history in Iowa.
\n\nLeadership from India-based Essar Group, which owns Mesabi Metallics, joined Trump in the Oval Office, along with a number of Iowa officials, for the announcement.
\n\n“Today we’re thrilled to announce that Mesabi Metallics will be building the largest steel plant in American history in the great state of Iowa. It’s the largest plant — one of the largest plants in the world — but it’s the largest plant in America by far,” Trump said.
\n\nTrump said that once operational, the plant will source iron ore from a Minnesota mine and produce a whopping 10 million tons of steel annually.
\n\n“But it’s the first new iron ore mine in the United States in more than 50 years with the highest quality ore. In other words, this steel will be mined, melted, and made right here in the USA, which is something very unusual,” he said.
\n\n“The project is expected to create up to 6,000 new construction jobs, nearly 2,000 manufacturing and mining jobs, and add another $95 billion to the U.S. economy, which is the number one economy in the world by far,”…
Original source: https://www.breitbart.com/economy/