Severstal and Altaiwagon have signed a yearlong agreement on the delivery of 1.5 thousand tons of hot-rolled metal each month. The minimal volume of metal delivered will reach 18 thousand tons.
Cherepovets Iron and Steel Works supplies metal from the hot-rolling mills 2000 and 2800 for the manufacture of the rolling stock.
Especially for the machine-building enterprises CherMK has assembled new machines of coil rewinding. One of them was commissioned in Q2. The machine will produce high added value steel that can be laser-cut.
The total cost of the project including additional infrastructure was some 1.2 billion rubles. (Ukrainian metal)