Essar Group to Invest $18 Billion in Iowa Steel Plant
Essar Group, via its subsidiary Mesabi Metallics, plans an $18 billion investment to build a steel plant in Iowa. The facility will produce 10 million tonnes of steel annually using Minnesota iron ore. It is expected to create 6,000 construction jobs and 2,000 permanent jobs, supporting US domestic manufacturing growth.
Economic Times·10h ago·Iowa



