Fact-check · Sep 28, 2026 · Donald Trump
“Add another $95,000,000,000 to The US economy”
MISLEADING
What the record shows
White House estimates Mesabi Metallics steel plant will generate $95 billion in economic activity during construction and first decade of operation (2030-2040). No independent verification published.
Sources
- Trump to unveil planned $15 billion Iowa steel project - MINING.COM
- Trump to announce $15B Iowa project to create largest-ever US steel plant | Fox News
- Trump to announce $15 billion Iowa steel project amid tough midterm climate
- Trump to unveil planned $15 billion Iowa steel project | Top News | lufkindailynews.com
- Trump to Announce $15B for Largest US Steel Plant—What to Know About Mesabi Metallics - Newsweek
- Trump to announce $15 billion steel plant coming to Iowa in massive domestic investment
From: President Trump Makes an Announcement, Sep. 28, 2026
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