Harsco Corp. has been awarded a new multi-year contract valued at more than USD 90 million over its duration to support an all-new steel mill in Brazil with onsite environmental and logistics services.
The nine-year contract at the new Vallourec & Sumitomo Tubos do Brasil (VSB) steel complex marks a further expansion of Harsco’s strong presence in the Brazilian steel and metals sector and a key opportunity to support the greenfield start-up of an all-new steelmaking operation.
The nine-year contract at the new Vallourec & Sumitomo Tubos do Brasil (VSB) steel complex marks a further expansion of Harsco’s strong presence in the Brazilian steel and metals sector and a key opportunity to support the greenfield start-up of an all-new steelmaking operation.
The all-new VSB mill is a joint venture between Vallourec and Japan-based Sumitomo Metals aimed at the production of seamless steel tubes for the oil, gas and petrochemical markets. Using steel technology, the plant will have a steelmaking capacity of 1 million tons of crude steel per year and an extrusion mill that will produce 600 thousand tons of seamless steel tubes per year.
Harsco’s onsite metal recovery and logistics services are scheduled to begin ramping up next month, with full operations expected in the second half of 2012.
