PodcastThe Rubin ReportSeptember 28, 2026

Trump Announces Largest Steel Plant in U.S. History; EV Mandate Axed | 9/29/26 FIRST LOOK

Trump paired a $15B Iowa steel plant announcement with EV-mandate and Title IX rollbacks weeks ahead of competitive midterm races.

$15B Iowa steel plant: Trump announced Mesabi Metallics will build the largest steel plant in U.S. history in Iowa, producing 10 million tons annually starting 2030 and creating 1,750 permanent jobs.
New iron ore mine: The steel's raw material comes from Mesabi's $2.5 billion Minnesota mine, described as the first new U.S. iron ore mine in over 50 years.

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