Heckett MultiServ Inks Contracts with European Steel Concern

Harsco Corp. announced that its Heckett MultiServ mill services division has been awarded additional service responsibilities at Arcelor's Sidmar steel works in Belgium under two new multi-year contracts expected to generate additional revenues in excess of $40 million over their duration.

Arcelor is the largest steel group in the world and one of Heckett MultiServ's largest customers, comprising a range of services at 26 Arcelor-owned mills throughout Europe. Heckett MultiServ's support of the Sidmar works began in 1981.

Under the latest contracts, which average nearly seven years in duration, Heckett MultiServ is assuming added responsibilities for slag pot carrying, metal recovery, and other related services, while also expanding the scope of its existing services for on-site scrap management and handling in support of Sidmar's plans for increased steel production.

Heckett MultiServ is the world's leading provider of specialized mill services to the steel and metals industries, operating on-site under long-term, renewable contracts.

Harsco has announced new or expanded mill services contracts within the past two months totaling well over $125 million in anticipated new revenues, including contracts in Australia, Chile, and the United States, along with the above-mentioned contracts in Belgium.

Among the services being provided are new by-product briquetting services for BHP Steel in Australia, a new scrap baling service for the CHS steel works in Chile, and mobile slag transport and expanded scrap management services at SMI Steel-Alabama.

All of these contracts represent expanded services to existing customers. In addition, Harsco recently announced that Heckett MultiServ has been awarded slag handling and metal recovery responsibilities at Rocky Mountain Steel Mills, a new customer.