The deal sees ABP commit to investing £500,000 to construct a new rail-passing loop at the Port of Newport, install modern storage facilities in both ports and provide an electronic-tallying system to record the handling of steel cargoes at Newport. Phil Dyrden, managing director for Corus Strip Products UK, said: “Corus’ decision to continue exporting steel coil through the Ports of Newport and Swansea reflects the excellent port infrastructure that ABP provides in South Wales.”
Steel boost for Welsh ports
Associated British Ports (ABP) has renewed a three-year contract with Corus for steel coil shipments through its Newport and Swansea ports.