Harsco Environmental, An Enviri Company, Secures Renewal Contracts With Ternium Monterrey And Ternium Largos Norte; These Contracts, With A Combined Value Of Us $88M
Portfolio Pulse from Happy Mohamed
Enviri Corporation (NYSE:NVRI) has secured two separate three-year renewal contracts with Ternium Monterrey and Ternium Largos Norte, two of the largest steel manufacturers in the Americas. The contracts, worth a combined $88 million, will see Harsco Environmental, a division of Enviri, continue to provide a range of services to both sites, including Slag Pot Carrying, Slag Processing, Metal Recovery, Scrap Management, and Raw Material Handling.
June 28, 2023 | 12:08 pm
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POSITIVE IMPACT
The renewal of contracts with Ternium Monterrey and Ternium Largos Norte, worth a combined $88 million, is a positive development for Enviri Corporation. This not only solidifies its position as a leader in mill services but also provides a steady revenue stream for the next three years.
The renewal of these contracts is a significant win for Enviri Corporation as it not only solidifies its position as a leader in mill services but also provides a steady revenue stream for the next three years. Given the size of the contracts and the strategic importance of Ternium as a client, this news is highly relevant and important for Enviri's investors.
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