China/Brazil: Harsco Corporation has signed two multi-year contracts for steel mill services in China and Brazil at a value of over US$100m.
Harsco’s Metals & Minerals division has been selected by Hebei Iron and Steel Group to take over an increased range of onsite mill services at its Tangshan Stainless Steel works, where Harsco already provides environmental services relating to the commercial sale of the mill’s slag co-products. With the new contract, Harsco now adds onsite slag handling, metal recovery and briquetting to its responsibilities. Tangshan Stainless produces premium-grade steels for automotive and consumer markets. The deal will include the use of Harsco’s steam box technology for steel slag processing.
In Brazil, Harsco has been selected by one of the country’s largest fully integrated steelmakers to extend Harsco’s services for onsite scrap handling, slag transport, metal recovery and melt shop support. Harsco has been providing support to the mill’s flat steel operations for more than three decades, and to its mini-mill since its inception in 2014.
“These contracts reflect our renewed ambitions to grow the Metals & Minerals business following two years of successful transformation. Our relationships in both contracts demonstrate our capacity to provide long-term value to customer operations in parallel with lasting benefit to the environment,” said Harsco president and chief executive officer Nicholas Grasberger.