The Ukrainian Metal

Ukraine: Ukrzaliznytsia buys 1.3 billion UAH worth of Chinese rails

On October 9, Ukrzaliznytsia signed a number of agreements with Dorinvestcapital LLC for the delivery of railroad rails from China valued at 1.27 billion UAH.

The company has to supply almost 22 thousand tons of R350HT 60E1 and R65 rails at 59,540 UAH per ton ($1644 at the current exchange rate). The rails are produced by Pangang Group Panzhihua Steel & Vanadium.

Other participants included China First Heavy Industries International Development Co, Metinvest International SA, Tauritus Ic and Ars LLC. All of them offered rails manufactured by another Chinese plant – Inner Mongolia Baotou steel union co Ltd. (Ukrainian metal)

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