Business North is reporting that a groundbreaking announcement on Essar Global’s Minnesota Steel iron mine and steel plant near Nashwauk is expected this month. So far, so good. Essar has a lot of “irons” in the fire, however, and I won’t pop open a bottle of anything expensive until I see really big shovels in the ground. As you see in the story, this major international corporation has a lot of different ways to get the steel it needs for its Chinese and Indian markets.
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