Evraz has chosen the Titanium Valley special economic zone in Sverdlovsk region as a site for manufacture of railroad wheels.
Evraz and Rail Service joint venture Allegro will manage the construction and the manufacture.
Investments are estimated at 16 billion rubles.
The capacity of the new shop will be 200 thousand railroad wheels per year with a possibility to increase it to 300 thousand.
The manufacture will be launched in 2022. (Ukrainian metal)