Harsco Adds to Outsourced Services at French Steel Mill With $18 Million Contract
May 04 2010 - 7:39AM
Worldwide industrial services and engineered products company
Harsco Corporation (NYSE:HSC) announced today a new Harsco Metals
outsourced mill services contract in France with ArcelorMittal
valued at approximately $18 million over its duration, as steel
production levels continue to gradually recover in key markets
served by Harsco.
The new five-year contract builds on Harsco's 40-year history of
providing onsite mill services at the ArcelorMittal Dunkerque works
in northern France, an integrated steel mill producing over 6
million tons of steel per annum for the automotive industry and
other customers. Harsco will expand its onsite role to
provide refractory maintenance and meltshop services in continuous
support of the mill's ladle metallurgy furnace and converter
operations.
Announcing the award, Harsco Metals CEO Galdino Claro said,
"Coming out of the deep downturn of late 2008 and 2009, it is
gratifying to see the industry's leading producers continuing to
recognize Harsco's knowledge-based solutions and strong capital
resources as integral to their recovery goals." The
industry-leading Harsco Metals unit supports steel and metals
producers as an on-site service partner at more than 160 mills in
over 35 countries.
Harsco Corporation is one of the world's leading diversified
industrial services and engineered products specialists. The
Company serves key industries that play a fundamental role in
worldwide economic growth, including infrastructure, metals,
railways and energy. Harsco's common stock is a component of
the S&P MidCap 400 Index and the Russell 1000
Index. Additional information can be found
at www.harsco.com.
The Harsco Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=361
CONTACT: Harsco Corporation
Investor Contact
Eugene M. Truett
717.975.5677
etruett@harsco.com
Media Contact
Kenneth D. Julian
717.730.3683
kjulian@harsco.com
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