- Harsco Corp's HSC Harsco Environmental division renewed its contract with Jindal Shadeed Iron and Steel LLC (JSIS), an iron and steel producer in Oman. Deal terms were not disclosed.
- The five-year contract renewal ensures continuity and a reduced carbon footprint for JSIS's operations in Oman.
- JSIS, with an annual steel production capacity of 2.4 million tons, serves clients in Oman, the United Arab Emirates, Saudi Arabia, China, Canada, Australia, and parts of Europe, among others.
- Harsco Environmental will continue to provide slag management and metal recovery as well as skull processing services for JSIS over the next five years.
- Price Action: HSC shares traded higher by 0.96% at $16.78 on the last check Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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