Supplies of Severstal to railway engineering grew by 15%
Edited by Rhod Mackenzie / 2015-08-26 01:13:55
In H1 2015 Severstal shipped about 92 thousand tons of metal products to the railway engineering sector, that is by 15% more than in H1 2014. The growth of supplies was primarily due to the growth of shipment to the Tikhvinsky wagon manufacturing plant which is controlled by “United wagon company”, Severstal reports.
In H1 2015 the supplies were held in the framework of the agreement signed between Severstal and the Tikhvinsky wagon manufacturing plant which is valid from March until December 2015. The total volume of supplies to the Tikhvinsky wagon manufacturing plant will make up about 88 thousand tons of metal rolled products, in H1 2015, 60 thousand tons have been shipped out of this volume.
