Harsco Expands Mill Services Contract With Chile’s Largest Steelmaker
September 19 2016 - 4:15PM
Harsco Corporation’s (NYSE:HSC) Metals & Minerals division
today announced the multi-year extension – and expansion – of its
onsite mill services to CAP Huachipato, Chile’s largest steelmaker.
Valued at approximately $40 million over its duration, this
seven-year agreement calls for the continuation of Harsco’s core
mill services for metal recovery and meltshop support, and adds a
number of new services including scrap management.
Harsco has provided continuous onsite services to
CAP Huachipato since 1981. The mill serves domestic and
international markets with a range of steel products, particularly
for the mining, metallurgical industry, and construction
sectors.
“The expansion of this agreement – both in length
and in scope – marks a significant step forward in our decades-long
relationship with CAP Huachipato,” said Harsco President and CEO
Nick Grasberger. “Even in the face of challenging market
conditions, we are able to provide our customers with an unmatched
portfolio of services and experience that directly meets their
needs and expectations.”
About Harsco CorporationHarsco
Corporation is a diversified industrial company providing a range
of onsite services and engineered products to the global steel,
energy and railway sectors. Harsco’s common stock is a
component of the S&P SmallCap 600 Index and the Russell 2000
Index. Additional information can be found at
www.harsco.com.
Harsco’s Metals & Minerals division is the
largest and most comprehensive provider of onsite material
processing and environmental services to the worldwide metals
industry, with operations at approximately 140 customer sites
across more than 30 countries. The division is a technology
partner to cleaner, more efficient metal production, providing
customers with economically and environmentally viable solutions
for the treatment and reuse of production waste streams.
Investor Contact
David Martin
717.612.5628
damartin@harsco.com
Media Contact
Kenneth Julian
717.730.3683
kjulian@harsco.com
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