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Harsco to Provide Services at Severstal Warren, former Geneva Steel
06/02/2010 - Harsco Corp.’s Metals business has secured two new orders totaling close to $40 million for slag processing and onsite environmental services to the U.S. steelmaking sector.
Harsco Corp.’s Metals business has secured two new orders totaling close to $40 million for slag processing and onsite environmental services to the U.S. steelmaking sector.
Harsco Metals is returning to the Severstal Warren steel mill in Ohio under a five-year contract where it will undertake onsite slag handling, scrap recovery, and material handling in support of the mill’s recently resumed production. The company worked at this location for more than 60 years, up until late 2008 when the mill was idled by the economic crisis.
The plant, owned by Severstal North America since July 2008, resumed production in March 2010 in response to improving market conditions and increased demand for the mill’s specialty products. Severstal Warren produces custom, alloy, and ultra-strength steel products.
The contract also calls for Harsco to handle the external marketing of Severstal Warren’s slag byproducts for a range of commercial applications. This role parallels Harsco’s second new order, where it will undertake the processing of more than 1 million tons of stockpiled blast furnace slag in Utah over the next three years.
The slag will be used in the state’s bridge and highway construction programs, following its acceptance for use by the Utah Department of Transportation. Harsco will process the material from abandoned slag stockpiles left behind at the former Geneva Steel mill in Vineyard, Utah, the site of an ongoing “brownfield” remediation initiative.
Harsco is currently engaged in a similar project in Gadsden, Ala., where, in close cooperation with the U.S. Environmental Protection Agency, it is handling the remediation of an estimated 3 million tons of stockpiled slag left behind by the former Gulf States Steel works that closed down in 1999.
The Gadsden project is believed to be the largest sustainable remediation project of its type in the U.S. Harsco notes that its involvement has been described by the EPA as a potential model for other large-scale cleanup sites across the United States.
Harsco Corp. is one of the world’s leading diversified industrial services and engineered products companies, serving key industries that play a fundamental role in worldwide economic growth. Its common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index.
