Russia: Evraz to invest $60 to expand rail wheel output
U.K.-based mining giant Evraz, which operates mainly in Russia, has started a $60-million expansion of a rail wheel production at its subsidiary Evraz Nizhny Tagil Metallurgical Plant (Evraz NTMK) by 78,000 units per year, Evraz said in a statement. The company plans to launch two fully automated lines for full section manufacturing of rail wheels…