Harsco’s MultiServ unit secures pact in China, extends Brazil deal
Nov 02, 2007 | 09:38 AM
| Michael Marley
Harsco Corp.'s MultiServ mill services division signed two contracts—one involving a Chinese mill and another an extension of an existing contract in Brazil—valued at nearly $110 million.
The deal in China, a 12-year agreement valued at more than $50 million, calls for MultiServ to manage the scrapyard at Ningbo Iron & Steel Co. Ltd., one of China's newest and largest steel operations.
Under the terms of the contract, MultiServ will handle the receipt and stocking of scrap at the new mill, and will also be responsible for loading scrap to the mill's prescribed menus and transporting it on a real-time basis to the mill's melt shop, Harsco said in a statement. MultiServ's operations also will include a computerized scrap management system capable of expansion in line with the mill's expected production increases.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.