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23 Oct
16:52

Evraz eyes building new rail plant in Colorado

Russian steel maker  Evraz is reviewing plans to invest over $400 million to build a new rail mill in Pueblo, Colorado, Kallanish reports. At its annual investor day conference in London, Evraz officials laid out the plans for a plant capable of producing 100-metre rails with an annual capacity of approximately 600,000 tonnes.  The new Colorado plant would use domestic steel to make rails, which would not be subject to the 25% tariff on im…
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