Essar-backed Mesabi Metallics announces $18 billion US steel investment; largest in American history

Tuesday, September 29, 2026 - 19:48
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Essar-backed Mesabi Metallics announces $18 billion US steel investment; largest in American history
The investment will connect Mesabi Metallics’ iron ore mine and pelletising facility in Minnesota with the proposed Iowa steel complex; nearly $3 billion has already been invested in the Minnesota operation

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