# Trump unveils planned $15 billion Iowa steel project

https://mins.news/en/item/77989

- CGTN, 2026-09-29 01:28 UTC
- Economy
- Original: https://news.cgtn.com/news/2026-09-29/Trump-unveils-15-billion-planned-Iowa-steel-project-1QPe1oNKRLG/p.html?UTM_Source=cgtn&UTM_Medium=rss&UTM_Campaign=World

> US President Donald Trump said Minnesota-based Mesabi Metallics plans to build a $15 billion steel mill in Iowa. He is promoting the project as a major manufacturing investment ahead of November’s elections, while his administration faces pressure to show that broad tariffs can revive industry without worsening inflation.

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