19
May
13:37
Evraz lays foundation for new railway wheels plant
Evraz and Rail Service LLC, a holding company that owns railcar repair assets, have laid the foundation for the new production facility for steel wheels for freight cars, the Russian miner and steelmaker says.
The capacity of the new workshop will be 200,000 units/year, with the possibility of increasing to 300,000 units/y (see Kallanish passim). Total investment is RUB 16 billion ($217 million). The start of production is scheduled for late 2022 or earl…
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Very good overview of the weekly steel market.
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