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Markets

India's Essar Group to build largest steel plant in US: Trump says 'largest plant in America by far'

US President Donald Trump has announced that India's Essar Group will build a $15 billion steel plant in Iowa through it...

By Dhallo News · September 29, 2026 at 9:20 AM IST
India's Essar Group to build largest steel plant in US: Trump says 'largest plant in America by far'
Source: Mint - Companies

US President Donald Trump has announced that India's Essar Group will build a $15 billion steel plant in Iowa through its subsidiary Mesabi Metallics. The facility is expected to produce 10 million tonnes of steel annually and begin production by 2030.

SOURCE: Mint - Companies
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