Camp Hill, Pennsylvania-based Harsco Corp. has announced the signing of two multiyear contracts for Harsco to provide on-site services at two major steelmaking plants in Latin America. Harsco says the two contracts entail earning more than $50 million in projected revenue.
Harsco's Metals & Minerals division will soon begin providing new services for scrap handling and processing at the Ternium Siderar basic oxygen furnace (BOF) mill in San Nicolas, Argentina. Billed as the largest steelmaking plant in Argentina, with a capacity of nearly 2.5 million tons per year, Ternium Siderar makes steel products for the construction, energy, automotive and other markets. Harsco's services, awarded under a new five-year contract, are scheduled to begin in January 2018, replacing a local provider in favor of outsourcing to Harsco.
Harsco also will extend its services under a seven-year contract renewal at the DeAcero electric arc furnace (EAF) mill in Celaya, Mexico, continuing a 12-year relationship at that location. Harsco describes Deacero as Mexico’s largest long products producer. Its Celaya mill serves the construction sector in Latin America with rebar and wire rod products. Harsco's services at Celaya include molten slag transport and metal recovery, whereby metal content is captured from steelmaking slag for reuse in the production of new steel.
“Both of these contracts are with well-positioned, substantial customers at the leading edge of their markets,” says Chris Whistler, chief operating officer of Harsco Metals & Minerals. “They ably reflect our continuing strategies and objectives for growth in this region, and for our Harsco business overall.”
Harsco’s Metals & Minerals division has operations that span approximately 140 customer sites in more than 30 countries. Harsco Corp. provides onsite services and engineered products to the global steel, energy and railway sectors.