Mesabi Metallics, the company behind the Iowa steel plant, has quite a troubled past.
Mesabi is run by Essar...
Essar's earlier steel ventures in Canada, Minnesota and India all ended in creditor proceedings.
Its return to the U.S. followed a 2017 sale of its Indian refinery to Russian state-linked buyers, one of them partly owned by Qatar's sovereign wealth fund, which took about $11 billion off Essar's debt.
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