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India's Essar Group to build $18 billion steel plant in US, Trump calls it 'largest' in American history

India's Essar Group to build $18 billion steel plant in US, Trump calls it 'largest' in American history
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Tuesday, September 29, 2026
US President Donald Trump on Monday (local time) announced that Indian multinational conglomerate Essar Group, through its subsidiary Mesabi Metallics, will invest USD 18 billion to build what he described as the "largest steel plant" in American history in the state of Iowa.

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