Mill services provider sees softening ahead as net falls
Jul 31, 2012 | 01:50 PM
| Lisa Gordon
Tags
Harsco,
mill services,
Henry W. Knueppel,
metals and minerals,
steel production,
Lisa Gordon
PITTSBURGH — Mill services provider Harsco Corp. has warned that its metals and minerals segment will be hit in the near term by a slowdown in steel production, as it posted lower net income and revenue in the second quarter.
The steel market has been exhibiting softness, Camp Hill, Pa.-based Harsco said, noting that customers’ second-quarter steel output rates fell 7 percent year on year.....
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