Harsco Corp.’s Metals division has been awarded a new 10-year contract valued at more than $100 million over its duration to provide a range of on-site services at a major steelworks in Italy.
Harsco will assume responsibility for on-site slag transport and slag processing at Italy's second largest steel producer, the Lucchini Piombino works.
Harsco expects to begin work in the second half of 2010. The plant, a new location for Harsco Metals, manufactures steel products for the infrastructure and construction industries and is a producer of high-quality wire rod for welding and other applications.
"We look forward to this new contract and customer location as another opportunity to create a long-term, value-creating partnership built on Harsco's value propositions for Insight onsite operating efficiency and global expertise," said Harsco Metals CEO Galdino Claro.
The contract will add to Harsco's relationship with OAO Severstal, which has a principal ownership stake in the Piombino mill. Harsco is already supporting two Severstal mills in France.