$900m deal gives steel giant Nucor greater access to Kinder Morgan terminals

$900m deal gives steel giant Nucor greater access to Kinder Morgan terminals

Houston-based energy industry infrastructure giant Kinder Morgan announced in a release on Wednesday a $900m deal between its terminals division and Nucor Corporation, the largest steel producer in the US.

Under the 10-year deal Kinder will provide in-plant handling, processing, warehousing and marine services for five Nucor facilities in the south of the country – two in Arkansas and one each in North Carolina, South Carolina and Alabama.

Charlotte, North Carolina-based Nucor – already a major Kinder Morgan customer – will have greater access to the latter’s national network of marine and rail terminals because of this deal.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

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