Essar Steel inks pact with Harsco for management of steel slag

Essar Steel, the country’s leading steel producers, has signed an agreement with Harsco India, for management of steel slag from EAF and Conarc furnaces. Harsco is a well-known and established global market leader in slag processing and metal recovery business. The agreement is for a period of 15 years valued at $160 million over the duration of the contract.

As per the agreement, Harsco will recover iron from the slag, which can then be reused in steel making. Harsco is a globally renowned company in slag management. After the metal is recovered, the sized slag finds varied applications in construction industry like in making paver blocks, road back fill, road laying, brick making and cement mix construction, among other usages.

Essar Steel is a fully integrated flat carbon steel manufacturer from iron ore to ready-to-market products. Its products find wide acceptance in highly discerning consumer sectors, such as automotive, white goods, construction, engineering and shipbuilding.