Mesabi Metallics
Latest News
Mesabi Metallics Taps Midrex for DRI Component of New U.S. Steelmaking Complex
13 October 2026 - Mesabi Metallics announced it has chosen Midrex Technologies Inc. to supply the direct reduced iron (DRI) component of the integrated steelmaking complex it is building in Iowa.
Iowa Lawmakers Raise Tax Incentives for Mesabi Metallics’ Steel Plant
08 October 2026 - Iowa’s lawmakers passed changes to the Major Economic Growth Attraction (MEGA) program to offer tax credits of up to 10% of Mesabi Metallics’ steel plant investment over a decade, Iowa Public Radio reported.
Mesabi Metallics to Build US$15 Billion Steel Mill in Iowa
28 September 2026 - U.S. President Donald Trump announced Monday that Mesabi Metallics is planning to build a US$15 billion steel mill in Iowa, the Wall Street Journal reported.
