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February 2007

Harsco receives service contracts in Saudi Arabia

Harsco Corporation’s MultiServ division will expand its services to Saudi Arabia's steel industry after winning three contracts valued at more than $34 million over their duration.

Under a new five-year contract, MultiServ has been selected to provide a range of scrap management and material processing services at the Al-Rajhi Steel meltshop now under construction in Jeddah, Saudi Arabia.

The new Electric Arc Furnace mill, due to be commissioned in the first quarter of this year, is expected to produce up to 850,000 tons of steel per year, providing steel billets to Al-Rajhi's hot rolling division mills in Jeddah and Riyadh.

Under two separate five-year contracts, MultiServ will expand its ongoing services at the Hadeed (Saudi Iron and Steel Company) mill. MultiServ's contracts call for the operation and support of two mill-owned dockside gantry cranes to offload incoming iron ore from ocean-going ships, and the monitoring and maintenance of the mill's eight mile (approximately 13 km) conveyor belt system which transports the ore to the steel plant.

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