Mesabi Metallics Announces $15 Billion Steel Plant in Iowa
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Mesabi Metallics (Essar Group)
Iowa, USA
September 28, 2026
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COMPAMIR Editorial Team
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Read our editorial policy- Earlier version 19/30/2026, 12:10:55 AM
Mesabi Metallics plans a $15 billion low-carbon steel plant in Iowa. The facility will use natural gas and electric arc furnaces, with production starting in 2030. The project is part of a vertically integrated supply chain from Minnesota iron ore mines.
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