How an Iowa steel mill will benefit Minnesota's Iron Range
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President Donald Trump last week announced plans for a $15 billion steel plant in eastern Iowa that will use iron ore mined on Minnesota’s Iron Range.
Meanwhile, Iowa’s legislature cleared the way for nearly $1.4 billion in tax incentives for the mill, which will be one of the largest in the nation.
The announcement was applauded for promising, long-lasting jobs for northern Minnesota. But some have asked why Mesabi Metallics went to Iowa instead of building the plant in Minnesota.
Monica Haynes, director of the Bureau of Business and Economic Research at the University of Minnesota Duluth, joined MPR News host Clay Masters on All Things Considered to discuss the economic impact on the region.
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