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Harsco Enters UAE Metal Services Sector with new $35 Million Contract

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Worldwide industrial services company Harsco Corporation (NYSE: HSC) announced today that its Harsco Metals group is expanding into the United Arab Emirates under a new ten-year contract valued in excess of $35 million over its term. The contract with Abu Dhabi-based Emirates Steel L.L.C. installs Harsco as the principal onsite service partner to a new electric arc furnace (EAF) steel plant entering production with capacity for up to 400,000 tons of steel billets and 250,000 tons of gas based DRI production per year. Harsco was invited to take on responsibilities for a broad range of high value onsite material handling and environmental services, having worked successfully with the mill?s management team at other steelmaking operations. The mill is a subsidiary of Al Nasser Industrial Enterprises (ANIE), one of the leading manufacturing companies in the United Arab Emirates. Harsco expects to begin work within the next 1-2 months. Project Name Harsco Metals Group - United Arab Emirates Location United Arab Emirates Commence 2009 Completion NA Estimated Investment $35 million Capacity 400,000 tons of steel billets and 250,000 tons of gas based DRI production per year Key Players Harsco Metals Group, Abu Dhabi-based Emirates Steel LLC

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