Harsco Corp. announces that it has signed a new outsourced mill services contract with ArcelorMittal in France. The contract is valued at about $18 million over its duration, as steel production levels continue to gradually recover in key markets served by Harsco.
The five-year contract expands Harsco's 40-year history of providing onsite mill services at ArcelorMittal’s Dunkerque works in France, an integrated steel mill with annual steel production of more than 6 million tons of steel per year.
Harsco’s expanded contract 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.
"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," says Galdino Claro, CEO of Harsco Metals.
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