A steel industry expert on Monday praised President Donald Trump’s announcement of a massive new steel mill in Iowa, arguing that the project will help meet growing domestic demand while creating opportunities to expand U.S. steel exports.In an interview with Fox News Digital, Kevin Dempsey, CEO of the American Iron and Steel Institute, made the remarks after Trump announced the $15 billion steel project alongside Mesabi Metallics.The project is expected to eventually produce up to 10 million tons of steel annually, primarily using iron ore from the company’s recently opened Minnesota mine. On...
Historic $15B Iowa steel plant signals Trump tariff strategy is taking shape, industry leader says
HALO Newsroom
Sep 29, 2026 • 3 weeks ago
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