Gov. Kim Reynolds is calling the Iowa Legislature to convene for a special session to pass tax incentives for a new $15 billion steel plant in southeast Iowa — a move that comes just weeks before the Nov. 3 midterm elections.
The session will be held on Friday, Oct. 2, beginning at 8:30 a.m., Reynolds said in a news release.
The move is a response to President Donald Trump’s announcement on Monday, Sept. 28, that Mesabi Metallics plans to build a steel mill in southeast Iowa’s Lee County to help refine direct reduced iron mined upstream in northern Minnesota’s Iron Range.
Trump said the $15 billion project would be the largest steel plant in U.S. history. It is projected to support 6,000 construction jobs and 1,750 permanent jobs in Iowa, with steelmaking beginning in 2030.
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