11

EVRAZ Will Increase the Production of Railway Wheels

Date of publication: 09.10.2018

EVRAZ has launched an investment project aimed at increasing the production capacity of its wheel shop at the Nizhniy Tagil Steel Plant. The project implies the optimization of the forging, the inspection and the machining lines. The output will increase by 78 thousand of wheels per year. The facility will be able to meet the most stringent customer requirements.

The project includes the launch of two automatic full section wheel machining lines and the construction of the third inspection line which is to include a wheel geometry laser measurement plant, nondestructive testing stations for surface and internal defects, a shot peening plant, a cold marking (embossing) station. The area will be also equipped with a wheel painting equipment which can make solvent-based, two-pack and other sophisticated varnish and paint coatings.

The investments of the company will total USD 60 million. The ramp-up is scheduled for 2021.

“In recent years, we have seen a steady growth of the demand for railway wheels in Russia,” Ilya Shirokobrod, EVRAZ Vice-President, Sales and Logistics commented. “Our focal point is to increase the company's share in this segment and meet the growing needs of customers, so we decided to increase the production. On top of the current project, we are also considering the construction of a second wheel shop with a capacity of 200 thousand of wheels per year.”

EVRAZ NTMK is one of the five largest wheel manufacturers in the world. The plant produces wheels for freight and passenger railcars, locomotives. The product portfolio includes over 60 types of wheels that are delivered to 20 countries.

###

For further information:

Media Relations:

London: +44 207 832 8998 Moscow: +7 495 937 6871

media@evraz.com

Investor Relations:

London: +44 207 832 8990 Moscow: +7 495 232 1370

ir@evraz.com


Back to the list