Displaying items by tag: Hebei Iron & Steel
China/Brazil: Harsco Corporation has signed two multi-year contracts for steel mill services in China and Brazil at a value of over US$100m.
Harsco’s Metals & Minerals division has been selected by Hebei Iron and Steel Group to take over an increased range of onsite mill services at its Tangshan Stainless Steel works, where Harsco already provides environmental services relating to the commercial sale of the mill’s slag co-products. With the new contract, Harsco now adds onsite slag handling, metal recovery and briquetting to its responsibilities. Tangshan Stainless produces premium-grade steels for automotive and consumer markets. The deal will include the use of Harsco’s steam box technology for steel slag processing.
In Brazil, Harsco has been selected by one of the country’s largest fully integrated steelmakers to extend Harsco’s services for onsite scrap handling, slag transport, metal recovery and melt shop support. Harsco has been providing support to the mill’s flat steel operations for more than three decades, and to its mini-mill since its inception in 2014.
“These contracts reflect our renewed ambitions to grow the Metals & Minerals business following two years of successful transformation. Our relationships in both contracts demonstrate our capacity to provide long-term value to customer operations in parallel with lasting benefit to the environment,” said Harsco president and chief executive officer Nicholas Grasberger.
Harsco signs US$125m mill services contract with Hebei Iron & Steel
05 February 2016China: Harsco has signed a US$125m contract for onsite mill services at the Tangshan plate mill facility of China's largest steelmaker, Hebei Iron & Steel (HBIS) Group. The plate mill is one of two subsidiaries of Hebei's Tangshan Iron and Steel Group, known as TangSteel, served by Harsco.
Since 2011, Harsco has supported the plate mill with a range of slag handling and metal recovery services through a Harsco-led joint venture relationship. This latest contract builds on this. Harsco will significantly expand its role to encompass a new metal recovery plant, BOF briquetting operation and a new, innovative steam-box slag cooling process, as the plate mill consolidates and expands its production capacity to 4Mt/yr. The mill produces premium-grade plates and sections used in various structural applications and shipbuilding.
"We are particularly proud to add to our strong relationship with HBIS and its flagship TangSteel operations. Over the past decade, we have worked side-by-side as a technology and service partner to deliver efficiency improvements and enhanced environmental performance to these major operations. Our aims and those of HBIS and TangSteel are firmly aligned on these objectives," said Harsco President and CEO Nick Grasberger.