Harsco Corp (HSC) announced the signing of a new multi-year environmental services contract valued at more than $50 million to handle the metal recovery and on-site removal of decades-old slag stockpiles left behind by a former steel manufacturing plant in Gadsden, Alabama.
Under the contract signed with overall site manager, CMC, Inc., Harsco will install and operate an on-site metal recovery and slag processing operation that will process an estimated three million cubic yards of slag materials still remaining from the former Gulf States Steel facility which filed for bankruptcy in 1999.
Harsco will recover the slag's valuable metallic content and process the remaining material so that it can be responsibly recycled or placed in a landfill. Harsco's operations, scheduled to begin in January 2010, are expected to create approximately 20 new jobs, all of which the Company plans to fill with local hires.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.