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US Steel
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- 1Trump unveils $15bn Iowa steel plant planβTrump unveils plan for $15bn Iowa steel plant he calls biggest in US history
Donald Trump has announced plans for a $15 billion steel plant in Iowa, which he claims will be the biggest in US history. The announcement has drawn attention given the scale of the investment and its potential impact on American manufacturing and jobs, though details on funding and construction timelines remain limited.
- 2Trump Announces $15 Billion Iowa Steel ProjectβExclusive | Trump Unveils $15 Billion Iowa Steel Project
President Trump has unveiled a $15 billion steel project in Iowa, according to an exclusive Wall Street Journal report. Details on investors, timelines and expected jobs were not immediately available. The announcement, flagged as markets-relevant news, is drawing attention for its scale and potential impact on the US steel industry and Iowa's economy.
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Stelco, the Ontario steelmaker, is slowing operations and laying off hundreds of workers in Hamilton and Nanticoke. CEO Alan Kestenbaum said no amount of money could have prevented the slowdown, pointing to the impact of US tariffs on Canadian steel. Reports link the decision to the trade war under Trump, and commentators are debating whether Canada's steel industry can survive. Workers describe the layoffs as devastating, with many facing an uncertain financial future.
- 4Carney Accuses Cleveland-Cliffs of Betraying Canadian Steelworkersβπ UPDATE Carney Accuses US Steelmaker of Betraying Canadian Workers After Layoffs Prime Minister Mark Carney stated the
Prime Minister Mark Carney accused US steelmaker Cleveland-Cliffs of betraying Canadian workers after it announced plans to shut down parts of its Stelco operations in Ontario. Carney said the government will take all necessary steps to ensure the company meets its legal obligations, protecting jobs and communities that depend on the steel industry.
- 5Carney accuses US steelmaker of betraying Canadian workersβπ UPDATE Carney Accuses US Steelmaker of Betraying Canadian Workers After Layoffs PM Carney stated Canada can help lower
Canadian PM Mark Carney has accused a US steelmaker of betraying Canadian workers after layoffs, saying Canada can help lower the US cost of living. He stressed the need for reliable global partnerships beyond the US, warning the world is becoming 'more dangerous and divided'. The comments reflect growing trade and industrial tensions between Ottawa and Washington.
- 6Carney Accuses US Steelmaker of Betraying Canadian WorkersβΌπ UPDATE Carney Accuses US Steelmaker of Betraying Canadian Workers After Layoffs Deloitte has lowered Canada's growth f
Mark Carney has accused a US steelmaker of betraying Canadian workers following layoffs, amid escalating trade tensions between Ottawa and Washington. Deloitte has cut Canada's growth forecast for next year by 20 percent, citing new US import bans on Canadian products. The downgrade adds concrete economic data to the ongoing tariff dispute, intensifying scrutiny of the trade conflict's impact on Canadian jobs and industry.
- 7Indian firm behind Trump-announced $15bn steel mill has Russia tiesβIndian firm building $15bn Trump-announced steel mill has deep Russia ties https://www. aljazeera.com/news/2026/9/29/i n
Essar, the Indian conglomerate building a $15 billion steel mill announced by Donald Trump, has deep financial ties to Russia, according to an Al Jazeera investigation. The reporting indicates Russian cash helped the firm behind the project, raising questions about the factory's funding and the scrutiny surrounding the high-profile US-backed announcement.
- 8US targets China's steel overcapacity at G20βUS targets Chinaβs steel capacity at G20 days after Xiβs state visit
The United States is pressing China over its steel production capacity at the G20 summit, days after President Xi Jinping's state visit. The move signals continued trade friction between Washington and Beijing despite the recent diplomatic engagement, with excess Chinese steel output long blamed for depressing global prices.
- 9Carney accuses US steelmaker of betraying Canadian workersβCarney accuses US steelmaker of betraying Canadian workers after layoffs tied to Trump tariffs
Canadian Prime Minister Mark Carney has accused a US steelmaker of betraying Canadian workers after the company announced layoffs that Canadian officials link to President Donald Trump's tariffs on steel. Carney's comments sharpen tensions between Ottawa and Washington over trade policy and its impact on Canadian jobs, and the story is drawing wide attention in Canada and beyond.