CAPTION CORRECTION: Please note that in image numbers 2297597178, 2297597093, 2297596934, 2297594683 and 2297594504 one of the subjects is incorrect. It should be Ravi Ruia NOT Prashant Ruia. We apologize for any inconvenience. WASHINGTON, DC - SEPTEMBER 28: U.S. President Donald Trump speaks with Rewant Ruia (L), Chairman of Mesabi Metallics, and Ravi Ruia (2nd L), Board Member of Mesabi Metallics and Director of Essar Capital, while making an announcement in the Oval Office at the White House on September 28, 2026 in Washington, DC. Trump announced plans that a new $15 billion steel plant will be built in eastern Iowa by Mesabi Metallics and is projected to be one of the largest in the United States. Also pictured are Energy Secretary Chris Wright (C) and Commerce Secretary Howard Lutnick (R). (Photo by Kevin Dietsch/Getty Images)