What Iowa's New Steel Mill Means for the Midwest

On Monday, President Donald Trump announced from the Oval Office that Mesabi Metallics will build a $15 billion steel mill in eastern Iowa. It will reportedly be the largest steel plant in American history, and in the president's own words, this steel will be "mined, melted, and made right here in the USA." The White House projects 1,750 permanent jobs, up to 6,000 construction jobs, and a whopping $95 billion boost to the U.S. economy in its first decade alone. Even better, the iron ore will come from Mesabi's new mine in Minnesota, the first new iron ore mine in America in half a century.