BusinessIndia's Essar Group to Build Largest US Steel Plant in Iowa
India's Essar Group plans to invest $18 billion in the US, including a $15 billion steel plant in Iowa, announced by President Donald Trump. The plant, developed by Essar's US subsidiary Mesabi Metallics, will be the largest in American history, producing 10 million tonnes of steel annually by 2030. Iron ore will come from Essar's Minnesota operations, forming an integrated US steel supply chain.
NDTV·3h ago·Iowa