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Stock Market & Financial Investment News

News Breaks
July 31, 2014
09:10 EDTHSCHarsco appoints COO Grasberger as CEO, Everitt elected chairman
Harsco announced the completion of its previously announced executive leadership plans with the appointment of F. Nicholas Grasberger as the company's president and CEO, effective immediately. Grasberger succeeds David Everitt, who has been serving as Interim CEO since February 28. Everitt will continue as a member of the board and has been elected to succeed Henry W. Knueppel as non-executive chairman, effective immediately. Knueppel will continue to serve on the board as an independent director.
News For HSC From The Last 14 Days
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February 4, 2016
16:38 EDTHSCHarsco signs expanded 15-year mill services contract valued at $125M
Harsco announced a new 15-year contract for onsite mill services at the Tangshan plate mill facility of China's largest steelmaker, Hebei Iron & Steel, or HBIS, Group. The plate mill is one of two subsidiaries of Hebei's Tangshan Iron and Steel Group, known as TangSteel, served by Harsco. Since 2011, Harsco has supported the plate mill with a range of slag handling and metal recovery services through a Harsco-led joint venture relationship, and this latest award, valued at approximately $125M over the contract duration, builds on the previous effort. Harsco will significantly expand its role to encompass a new metal recovery plant, BOF briquetting operation and a new, innovative steam-box slag cooling process, as the plate mill consolidates and expands its production capacity to 4M tpa. The mill produces premium-grade plates and sections used in various structural applications and shipbuilding.

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