Global – Engineered products expert Harsco Corporation has been awarded three multi-year contracts covering on-site steel mill services for customers in Bahrain, Sweden and Chile. The contracts are said to have a combined worth of more than US$ 135 million (Euro 103 million).
A key element surrounds the construction of the first-ever steel mill in the Hidd Industrial Area of Bahrain for the fully-integrated production of medium and heavy beams as well as structural steel sections; the aim is to make the facility the lowest cost producer of its kind, with a capacity of nearly one million tons per year. Start-up is scheduled for this summer.
The Swedish order, which covers a period of ten years, has been placed by heavy plate specialist SSAB Swedish Steel AB. Harsco has been asked to provide a range of scrap management services at its plant in Oxelosund, including optimisation of the sorting and segregation of highly-alloyed scrap materials for various production recipes and the reduction of over-sized scrap to production-ready sizes.
The six-year contract awarded by the Gerdau AZA steelworks in Chile entails Harsco working on slag processing, metal recovery and the sale of slag aggregates. The facility is expected to be fully operational by the first quarter of 2013.
According to Harsco Metals & Minerals Group’s CEO Galdino J. Claro, all three contract awards ‘demonstrate the increasing geographic spread of our business’ as well as ‘strong environmental leadership in providing resource recovery solutions for the by-products of metals production’.
For more information, visit: www.harsco.com