In a statement, Big River said the agreement with Koch Metallics, a subsidiary of Koch Minerals & Trading, will allow it to improve its metallics procurement by leveraging Koch's networks, capabilities and potential for providing additional services in support of Big River Steel's growth initiatives.

"Entering into this agreement will accelerate several initiatives Big River Steel has underway that provide alternatives to the ways metallics and flat-rolled steel have historically been bought and sold," said Big River Steel chief executive David Stickler. 

Koch is a major investor in Big River Steel. 

“I look forward to broadening our relationship as we jointly advance in the metallics space," Stickler said. 
With the agreement in place, Big River metallics procurement manager Martin Baker will join the Koch team as metallics procurement and conversion manager.  

"Martin is a proven professional, and I am fully confident that Martin joining the Koch team will lead to new and expanded relationships with forward thinking domestic and international metallics providers and steel consumers," said Stickler.