Trump Announces $15 Billion Steel Mill Project

Donald Trump announced a $15 billion steel mill construction project, describing it as the largest industrial engineering project of its kind in U.S. history. The facility is planned to have an annual production capacity of 10 million tons, utilizing iron ore mined in Minnesota. This investment is a key demonstration project for the White House's manufacturing reshoring strategy, aimed at integrating upstream mining and downstream smelting to strengthen the autonomy of the domestic steel supply chain.