First update: what the official sources say so far
Company and state releases describe an Iowa or southeast Iowa location without naming a county or site. A special legislative session on the state's MEGA incentive program is set for Oct. 2.
Southeast Iowa · Mesabi Metallics steel project
The business side of the steel project
Bids, supplier information, job postings, and public meetings for the planned steel complex, with a source link for every item.
Illustration
Project figures
- $15BStated investment in the Iowa steel complex
- 6,000+Stated jobs during construction
- 1,750+Stated full-time jobs once operating
- Oct. 2Special legislative session on the state's MEGA incentive program
First three figures as stated by the company: Mesabi Metallics release, Sept. 29, 2026. Session date: Office of the Governor, Sept. 29, 2026.
As of Sept. 29, 2026
Where things stand
- Mesabi Metallics says it will invest $15 billion in a new steel complex in Iowa. Source: Mesabi Metallics release, Sept. 29, 2026
- The company states the project will employ over 6,000 people during construction and at least 1,750 full-time once operating. Source: Mesabi Metallics release, Sept. 29, 2026
- The Governor's office describes the location as southeast Iowa. Source: Office of the Governor, Sept. 28, 2026
- Lee County has been named in news coverage of the Sept. 28 announcement. As of Sept. 29, no company, state, or county document reviewed here names the county or a specific site. Source: Iowa Public Radio, Sept. 28, 2026
Calendar
Next public meetings
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, 8:30 a.m.
Amendments to the state's Major Economic Growth Attraction (MEGA) program.
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, 9:00 a.m.
Regular session. Agenda not yet posted as of Sept. 29.
Built for the people closest to the project
Local contractors, suppliers, and job seekers
Illustration
Official sources only
Recent developments
- The Governor called a special legislative session for Oct. 2 to amend the MEGA incentive program. Source: Office of the Governor
- The company announced a $15 billion Iowa steel complex as part of an $18 billion investment that includes its Minnesota mine. Source: Mesabi Metallics
- The Governor attended the White House announcement of an integrated steel complex in southeast Iowa. Source: Office of the Governor
Latest update
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