Harsco Environmental Secures 10-Year Contract with Nucor Steel Kingman
Harsco Environmental has secured a 10-year services contract with Nucor Steel Kingman in Arizona, expanding its presence in the state. Starting in 2025, the company will provide comprehensive services including slag recovery from the melt shop, slag processing and metal recovery, scrap yard management, and ecoproducts™ sales. The agreement includes the sale of recovered metallics and processed slag as an environmentally friendly alternative for natural aggregate and mill scale.
Harsco Environmental ha ottenuto un contratto di servizi di 10 anni con Nucor Steel Kingman in Arizona, ampliando la sua presenza nello stato. A partire dal 2025, l'azienda fornirà servizi completi, inclusi il recupero della scoria dalla fonderia, la lavorazione della scoria e il recupero dei metalli, la gestione del parco rottami e la vendita di ecoprodotti™. L'accordo include la vendita di metalli recuperati e scoria lavorata come alternativa ecologica all'aggregato naturale e alla lama di laminato.
Harsco Environmental ha asegurado un contrato de servicios de 10 años con Nucor Steel Kingman en Arizona, expandiendo su presencia en el estado. A partir de 2025, la empresa proporcionará servicios integrales que incluyen la recuperación de escoria de la planta de fusión, procesamiento de escoria y recuperación de metales, gestión del patio de chatarra y venta de ecoproductos™. El acuerdo incluye la venta de metales recuperados y escoria procesada como una alternativa ecológica a los agregados naturales y el escalón de molino.
Harsco Environmental는 애리조나의 Nucor Steel Kingman와 10년 서비스 계약을 체결하여 주 내 입지를 확대합니다. 2025년부터 이 회사는 용광로에서의 슬래그 회수, 슬래그 가공 및 금속 회수, 스크랩 야드 관리, 그리고 에코 프로덕트™ 판매를 포함한 종합 서비스를 제공합니다. 이 계약은 회수된 금속과 처리된 슬래그를 자연 골재와 제철 스케일의 환경친화적인 대안으로 판매하는 것을 포함합니다.
Harsco Environmental a obtenu un contrat de services de 10 ans avec Nucor Steel Kingman en Arizona, étendant sa présence dans l'état. À partir de 2025, l'entreprise fournira des services complets, y compris la récupération de la scorie à partir de l'atelier de fusion, le traitement de la scorie et la récupération des métaux, la gestion de la ferraille, et la vente d'écoproduits™. L'accord comprend la vente de métaux récupérés et de scorie traitée comme alternative écologique aux agrégats naturels et à la scale de laminage.
Harsco Environmental hat einen 10-Jahres-Dienstleistungsvertrag mit Nucor Steel Kingman in Arizona gesichert, wodurch seine Präsenz im Bundesstaat erweitert wird. Ab 2025 wird das Unternehmen umfassende Dienstleistungen anbieten, darunter die Rückgewinnung von Schlacke aus der Schmelze, Schlackenverarbeitung und Metallrückgewinnung, Schrottplatzmanagement und den Verkauf von Ökoprodukten™. Der Vertrag umfasst den Verkauf von recycelten Metallen und verarbeiteter Schlacke als umweltfreundliche Alternative zu natürlichen Aggregate und Walzscale.
- Secured long-term 10-year contract with major steel manufacturer
- Geographic expansion into Arizona market
- Multiple revenue streams through comprehensive service offering
- Strategic partnership with industry leader Nucor Steel
- None.
Insights
The 10-year contract with Nucor Steel Kingman represents a significant strategic expansion for Harsco Environmental into Arizona. The agreement encompasses multiple revenue streams including slag recovery, processing, metal recovery and scrap yard management services. While specific financial terms aren't disclosed, long-term contracts with major steel manufacturers typically generate stable, recurring revenue. Nucor, being North America's largest steel producer and recycler, adds considerable value to Harsco's portfolio.
The contract's scope includes monetization opportunities through ecoproducts™ sales, which could provide additional revenue through the sale of recovered metallics and processed slag. The timing of the contract starting in 2025 allows for proper operational planning and infrastructure setup. This expansion aligns with the industry trend toward sustainable steel production and waste management practices.
- Harsco Environmental expands its reach to Arizona, servicing Nucor Steel Kingman
- The Company will provide slag and scrap management services
PHILADELPHIA, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Harsco Environmental, a global, market-leading provider of steel mill services and products and a division of Enviri Corporation, today announced that it has signed a 10-year services contract with Nucor Steel Kingman in Arizona, a leading manufacturer of steel and steel products.
“Harsco Environmental is pleased to partner with Nucor Steel Kingman,” stated Harsco Environmental Regional President of North America, Joe Burkey. “This contract is a testament to our commitment to safety and sustainability, and we are proud to be a technology partner providing Nucor with economically viable solutions for the treatment and reuse of their production co-products.”
Harsco Environmental’s contract will start in 2025 and deliver comprehensive services to Nucor Steel Kingman, including slag recovery from the melt shop, slag processing and metal recovery, scrap yard management, and ecoproducts™ sales, including from recovered metallics, and processed slag as an environmentally friendly alternative for natural aggregate and mill scale.
About Harsco Environmental
Enviri’s Harsco Environmental division is the largest and most comprehensive provider of onsite material processing and environmental services to the global metals industry, with operations at over 130 customer sites across more than 32 countries. Harsco Environmental is a technology partner to cleaner, more efficient metal production, providing customers with economically and environmentally viable solutions for the treatment and reuse of production co-products. Visit harsco-environmental.com to learn more.
About Enviri
Enviri is transforming the world to green, as a trusted global leader in providing a broad range of environmental services and related innovative solutions. The Company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their most complex environmental challenges and to achieve their sustainability goals. Enviri is based in Philadelphia, Pennsylvania and operates in more than 150 locations in over 30 countries. Additional information can be found at www.enviri.com.
| Investor Contact David Martin +1.267.946.1407 dmartin@enviri.com | Media Contact Maura Pfeiffer +1.267.964.1868 mpfeiffer@enviri.com |
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