Harsco signs steel mill contracts with China and Brazil worth $100 million.
Harsco signs steel mill contracts with China and Brazil worth $100 million combined.
One of China’s largest Steel makers, Hebei Iron and Steel Group, have selected Harsco’s metals and minerals division to take over steel mill services at the Tangshan Stainless Steel works.
Specialising in making premium-grade steels for the auto and consumer markets, Tangshan Stainless, as part of the new Contract with Harsco, will be adding on-site slag handling, metal recovery and briquetting to its responsibilities.
These environmental services all relate to Harsco’s commercial sale of slag, as a co-product produced by the company’s mills. Officials said services such as Harsco’s patented steam-box technology for steel slag processing will also be included in the contract with Tangshan. Faster cooling times and reduced water & energy consumption are a few benefits provided by this patented steam-box technology, as well as allowing for full capture of open atmospheric emissions - this should prove to be a very beneficial aspect of the contract.
As well as China, Harsco has also been selected by one of Brazil’s largest fully integrated steelmakers, to extend longstanding services for slag transport, metal recovery and melt-shop support.
Harsco President and CEO Nicholas Grasberger said, “These two contracts reflect Harsco’s ambitions to grow the metals and minerals business following two years of successful transformation. As well as providing long-term value to customer operations, we are also providing lasting benefits to the environment”
To read more visit http://www.harsco.com/news/news-releases-detail.aspx?id=3643