Harsco Awarded New Contract for Alfa Acciai Mill in Brescia
03/12/2012 - Harsco Corp. has been awarded a new six-year contract for steel mill services at Alfa Acciai Group’s Brescia steel mill in northern Italy. Harsco will develop and manage a new scrap yard and provide services for processing the mill’s EAF slag.
Harsco Corp. has been awarded a new six-year contract for steel mill services at Alfa Acciai Group’s steel mill in the northern Italy industrial city of Brescia. The contract is valued in excess of $55 million over its duration at anticipated production levels.
Under the new contract with Alfa Acciai, which addresses the areas of onsite scrap and slag yard management at the company’s Brescia facility, Harsco will develop and manage a new scrap yard and provide services for processing the mill’s EAF slag. Under investments to enhance productivity and environmental sustainability, older equipment will be replaced with new slag handling carriers, an advanced weighing system and new GPS detection systems aimed at full control of the slag transport and scrap yard management processes. Operations are expected to be completed and underway by the end of this year.
“We are honored by our selection by this important customer and the opportunity it provides to deliver meaningful, long-term value,” said Galdino J. Claro, Executive Vice President and CEO of the Harsco Metals & Minerals group.
Alfa Acciai’s Brescia mill produces a wide range of reinforced steel bars and has developed process innovations to give its products special mechanical features including high ductility, a quality considered indispensable for steel used in seismic areas.
Alfa Acciai Group is one of Italy’s largest electric arc furnace based steel producers. Recognized as a leader in social and environmental responsibility, Alfa Acciai is a new location for Harsco, strategically situated within hours of the Italy-region head office of Harsco’s global Harsco Metals & Minerals business group.
Harsco Corporation is a diversified global industrial company delivering essential services, products and resource recovery solutions to major industries that are fundamental to global economic progress and infrastructure development. Harsco’s common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index.