Harsco Lands Contract Expansion for Steel Mill Services; Projected Revenues of $50 Million
November 28 2016 - 4:15PM
Harsco Corporation (NYSE:HSC) announced today a multi-year
expansion of its steel mill services contract at Evraz Pueblo,
adding scrap management services to its responsibilities at the
Colorado-based mill.
Harsco has been supporting the mill’s production with a range of
onsite metal recovery and slag handling services for nearly 15
years. The new services, which include scrap handling,
processing and inspection, are expected to generate additional
revenues of close to $50 million over the contract duration.
Evraz Pueblo is a market leader in the production of
high-strength rail, seamless pipe, rod and coiled reinforcing
bar. The plant can produce more than 300 different grades of
steel, and serves as part of a network of Evraz North America
production sites that rank as the largest North American producer
by volume in the rail and large diameter pipe markets.
Harsco’s operations at this location have twice been recognized
by senior Harsco management for their outstanding safety
performance, having completed three consecutive years without a
lost time injury and currently closing in on a fourth year.
Harsco’s Metals & Minerals division is the largest and most
comprehensive provider of onsite material processing and
environmental services to the worldwide metals industry. The
division serves as a technology partner to cleaner, more efficient
metal production, providing customers with effective solutions for
converting production waste streams into beneficial commercial use.
Its operations span approximately 140 customer sites across
more than 30 countries.
About Harsco CorporationHarsco Corporation is a
leading 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.
Investor Contact
David Martin
717.612.5628
damartin@harsco.com
Media Contact
Kenneth Julian
717.730.3683
kjulian@harsco.com
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