Industrial service provider Harsco Corp. (HSC: News ), Thursday said Harsco Metals group has signed a major contract with the Emirates Steel Industries or ESI mill in Abu Dhabi under a new five-year agreement valued at more than $50 million over its term. The is contract is the second major contract that Harsco won in United Arab Emirates within the last two months.
According to the contract, The Camp Hill, Pennsylvania-based Harsco would undertake a comprehensive range of on-site services under an exclusive relationship that extends from the handling of incoming iron ore and other materials to finished product and co-product management.
Earlier in March, Harsco had been granted a contract worth more than $35 million. The company expects these contracts would help to start-up an all-new country of operation for the Harsco Metals business group.
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