Development · 1 Oct 2026
2 publishers have reported this development. Each act of reporting is below, cited.
Through Mesabi Metallics, Essar plans to invest $15 billion in a new Iowa steel complex, as part of an approximately $18 billion integrated US mine-to-mill operation linking an iron ore mine in Minnesota to the Iowa plant.
Essar-backed Mesabi Metallics announced an $18 billion investment to build a fully integrated steel business in the US, including a $15 billion steel complex in Iowa.
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