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Harsco inks contracts with Chinese mills worth $200M

Keywords: Tags  slag, recycling, steelmaking, briquettes, Harsco, scrap management services, Ningbo Iron & Steel, Hangzhou Iron & Steel Baosteel Group

PITTSBURGH — Harsco Corp. has signed a pair of contracts worth nearly $200 million to provide on-site services for two Chinese steelmakers, the company said Jan. 23 in an e-mailed statement.

The Camp Hill, Pa.-based mill service provider will start new work for Ningbo Iron & Steel Co. Ltd. and expand the scope of its services in a renewed contract with Hangzhou Iron & Steel Group Co.

The company will continue to process slag at Hangzhou’s 3.8-million-tonne-per-year slab mill.

Under the new 15-year contract with Ningbo, a subsidiary of Baosteel Group Corp., the company will convert coke fines that surface in the steelmaking process into briquettes.

Harsco is already performing scrap management waste oxide briquetting services at the mill, which has a slab production capacity of 4.4 million tonnes annually.

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