Egypt: Harsco Corporation’s Metals & Minerals division has signed a new, multiyear contract with Ezz Steel, a steel producer in the Middle East and North Africa. The US$35m contract calls for the provision of mill services at Ezz Steel’s Sadat City plant. Under the terms of the agreement, Harsco will provide slag and scrap management services at Sadat City, with future plans to design and deliver metal recovery and briquetting plants. Service at the Sadat City plant began on 1 July 2016.
This new contract builds on Harsco’s existing service agreements with Ezz Steel Group plants in Sokhna and Alexandria, Egypt. In operation since the 1980s, Ezz Steel has a combined production capacity of nearly 6Mt/yr of finished steel.
“This new contract is an excellent opportunity for Harsco to build an even stronger presence in this strategically important region,” said Harsco President and CEO Nick Grasberger. Harsco’s expanded agreement with Ezz Steel further broadens Metals & Minerals’ business landscape in the African and Middle Eastern steel markets.
