Evraz plans to supply rails to South America and Near East

The largest world producer of rails Evraz wants to export a part of its products against the background of the fall of ruble exchange-value, aggravated because of the Ukraine. Evraz wants to enter markets of the South America, including the market of Brasil, which actively invests into infrastructure construction, and Near East this year, Evraz holding company’s vice president Ilya Shirokobrod said to journalists on Tuesday.

The largest economy in South America – Brasil – prepares to invest $25 billion into the construction of railways in the next five years, the web-site of industrial observer reports, referring to the governmental program.