HARRISBURG, Pa. (AP) â¿¿ Harsco Corp.'s metals division has received two multi-year contract renewals from Mexican steelmaker Ternium Mexico. Ternium Mexico is a unit of Ternium S.A. The contract renewals are estimated to have projected revenue worth more than $225 million, the industrial services company said Friday. The pacts span close to 10 years each and include new and expanded commercial terms. In January Harsco said it received two new orders worth $9 million to provide insulation services and scaffolding for a new refinery under construction in the Netherlands. The company's stock shed 25 cents to $32.87 in afternoon trading.
More from Stocks
The S&P 500 Will Soon Face Fierce Resistance - Technical AND Political
Biden's proposed doubling of the capital gains tax rate and the seemingly anti-business stance of his opponents are likely to drag the market down.
Jim Cramer: Here Are Larry Kudlow's Two Key Points
I believe the weakness in this economy and the stock market stems from a lack of trade deals worldwide.