Harrisburg, Pennsylvania-based Harsco Corporation announced Monday that it has been awarded a nine-year contract at the new Vallourec & Sumitomo Tubos do Brasil (VSB) tube mill in Brazil. The new mill is a joint venture between Vallourec and Japan's Sumitomo Metals aimed at producing seamless steel tubes for the oil, gas and petrochemical markets. The plant will have a steelmaking capacity of 1 million tons of crude steel per year.
Under the contract, valued at $90 million, Harsco Corporation will provide metals recovery and logistics services to the Brazilian tube mill. Harsco has been steadily expanding its overall presence in Brazilian's industrial markets, most recently with its announcement of a new joint venture in Brazil for industrial grating production to serve the region's growing energy, mining, offshore oil and gas, and infrastructure sectors. Harsco is also Brazil's largest provider of onsite environmental and logistics solutions to the steel and metals-producing industry, and a growing provider of railway track maintenance equipment to the Brazilian rail network.