Nucor Awards US$900M Material Handling Contract
07/06/2016 - Kinder Morgan Inc. has signed a US$900 million agreement to provide bulk material handling services at five Nucor Corp. facilities, the company has announced.
According to Kinder Morgan, the 10-year agreement covers Nucor mills in Decatur, Ala.; Hertford, N.C.; Berkeley, S.C.; and two facilities in Blytheville, Ar. Kinder Morgan said it will be handling approximately 14.8 million tons annually of scrap steel, direct reduced iron, pig iron and other feedstocks, as well as providing other ancillary services.
“Nucor is one of our largest customers in our terminals division. This new agreement ensures that KMI will continue to provide handling, processing, warehousing and marine services to Nucor, the largest recycler and steel producer in North America,” said KMI Terminals president John Schlosser in a statement.
“These facilities provide Nucor and other customers access to our growing national network of marine and rail terminals. This agreement also reconfirms KMI’s commitment to growing our terminals business,” he said.
“Nucor is one of our largest customers in our terminals division. This new agreement ensures that KMI will continue to provide handling, processing, warehousing and marine services to Nucor, the largest recycler and steel producer in North America,” said KMI Terminals president John Schlosser in a statement.
“These facilities provide Nucor and other customers access to our growing national network of marine and rail terminals. This agreement also reconfirms KMI’s commitment to growing our terminals business,” he said.
