Worldwide industrial services and engineered products company Harsco Corporation announced that its Harsco Metals business group has been awarded a new environmental services contract for by product recycling that will expand the Company’s relationship with China’s largest steelmaker, BaoSteel.
The new contract is valued at approximately USD 6 million and is Harsco’s fourth within the Chinese steelmaking sector.
Harsco Metals will deploy a new zero waste by product recycling service at BaoSteel’s Ningbo integrated carbon steelmaking facility in Zhejiang Province, where Harsco already provides scrap management and coolant scrap production services under the terms of an ongoing 12-year contract. Under its expanded relationship with BaoSteel, Harsco will install and operate a specially constructed facility that will recycle by-products from the mill’s steelmaking for re-use in the production of new steel. Harsco’s recycling services are scheduled to begin in July.
In parallel with its expanding role in providing environmental solutions to steelmakers, Harsco Metals has also begun a new research and development relationship with the University of Science and Technology in Beijing, China’s most prestigious technical institute for iron and steelmaking technologies. Harsco Metals and the university will conduct joint research into the physical, metallurgical and mineralogical properties of steelmaking by-products to develop innovative market uses and enhanced economic viability for these materials. Eight steel producing companies in China have been chosen to participate in the initial study.
Mr Galdino Claro CEO of the Harsco Metals and Harsco Minerals business groups said “This latest award reflects our strong focus on developing and implementing knowledge-based services and solutions that improve our customers’ performance and further extend Harsco’s global growth.”
He said “Both the Ningbo BaoSteel contract and our partnership with the University of Science and Technology reflect our ultimate commitment to help our customers achieve a worldwide, zero waste steel manufacturing industry. We are gratified that BaoSteel has recognized Harsco and the value we bring to this honorable objective.”
Mr Dan Attorre Harsco Metals regional president for Asia Pacific added that “We are delighted to engage with BaoSteel, one of the most technologically-advanced steel producers in the world, in providing solutions that directly support the aims of modern, environmentally-responsive steelmaking.”
