The Mesabi Steel Plant: Trump’s Tariffs in Action

(Artist's concept of the new Mesabi Metallics steel plant to be built in Minnesota)Monday’s news cycle brought an exciting story for both the manufacturing industry and America’s heartland: Mesabi Metallics has announced a new $15-billion steel mill to be built in Iowa, along the Mississippi River. With an expectation of being up and running by 2030, the mill will be the largest ever in the United States, being budgeted to reach approximately 10 percent of current American steel production within a couple years of startup. The statistics shared at the announcement anticipate five or six thousand construction jobs for its...