Russian steelmaker Evraz has announced that its Nizhny Tagil-based subsidiary Evraz NTMK has completed preparations for launching its fifth railway wheel machining line.
Ilya Shirokobrod, the company’s vice president of sales and logistics, stated that their priority is to meet the growing demand for wheels from Russian consumers, adding that the new line will be used to process premium products of the plant: S-wheels for Russian freight cars and for high-speed traffic. The company will also be able to process export products in the new line, according to Mr. Shirokobrod.
According to Evraz, the new line’s capacity is over 66,000 railway wheels per year. The project has been implemented in collaboration with German company Niles-Simmons-Hegenscheneidt (NSH). The new line’s start-up is expected in the third quarter of the current year. Total investment for the project totals RUB 800 million ($12.75 million).