Steelmaker Evraz North America announced Wednesday plans to upgrade its rail mill in Pueblo, Colorado. The investment will increase the mill's total capacity by 10 percent to nearly 525,000 metric tons (mt) of rail annually by the Q1 2013.
Pavel Tatyanin, Senior Vice President, Head of International Business for Evraz touted the importance of the investment: "As North American rail companies continually expand their networks, our customers are looking for world class head hardened rail to enable more tonnage to travel over their lines at a lower total cost. Our Pueblo facility is ideally suited to help fill this need, both in terms of its geographic location as well as the manufacturing expertise of our local team."