trending Market Intelligence /marketintelligence/en/news-insights/trending/benf0dgrmcr8mqqk9cjl3a2 content esgSubNav
In This List

Evraz signs 5-year deal to supply rail products to Russian Railways

Blog

Metals & Mining Insights May 2021

Blog

European Energy Insights - May 2021

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage


Evraz signs 5-year deal to supply rail products to Russian Railways

Evraz Plc said Feb. 19 that it signed a long-term agreement with Russian Railways to supply various rail products.

As part of a five-year contract, the company agreed to supply 3.2 million tonnes of products worth about 111.7 billion rubles.

The agreement will see a gradual increase in the supply of 100-meter rails to 360,000 tons by 2020.

The contract specifies the volume of deliveries and the rail categories' mix for each year, and provides an option to redistribute the volume or categories depending on the need, said Ilya Shirokobrod, Evraz vice president for sales and logistics.

As of Feb. 19, US$1 was equivalent to 56.35 Russian rubles.