Metinvest Group decided to purchase 1,800 open wagons in 2017 and 2018. The company will almost double its railcar fleet up to 4,000 cars.
The decision is driven by the need to curtail a negative effect on the group from the shortage of rolling stock in Ukraine, which resulted, inter alia, from lower turnover of rail cars of Ukraine’s Railways in 2012-2017.
The plan is to supply the first lot of 800 open wagons by the end of 2017 and the rest in the first six months of 2018.
Metinvest’s entities need around 18,500 open wagons to deliver raw materials and dispatch their finished products. (SCM/Ukrainian metal)