ArcelorMittal Kryvyi Rih plans to increase its wagon fleet by one and a half times

Kryvyi Rih, June 3, 2021 ArcelorMittal Kryvyi Rih is considering the possibility of putting into circulation 1200 new wagons in 2021-2022. At the same time, the company’s own wagon fleet will increase by one and a half times, which will allow faster delivery of products to customers, and the plant will provide the plant with raw materials in a timely manner. Bikram vee, Deputy General Director for Procurement, ArcelorMittal Kryvyi Rih – We are prompted by several factors to make a decision on a large purchase of new wagons. Now we are increasing the shipments of products for export. At the same time, we are not quite satisfied with the technical condition of the carriage base in Ukraine. The renewed wagon fleet will ensure safe and efficient transportation of our products to Ukrainian ports. We will be able to plan our logistics regardless of the situation on the rail transport market and the availability of wagons. This will help reduce shipping costs for outbound and inbound shipments. In addition, own wagons are cheaper – the approximate payback period is 3-4 years. According to our estimates, initiatives to write off gondola cars that exceed the standard service life, submitted by governments, could lead to a shortage in the market and a large jump in transportation prices. Also, some manifestation of a shortage of wagons can traditionally be expected in summer-autumn due to “the revival of the construction cargo market. Therefore, we would like to rely on our own modern wagons and be more flexible in terms of working with Ukrzaliznytsia and freight operators. Help The rolling stock “ArcelorMittal Kryvyi Rih” is intended for the export of metal products and iron ore raw materials, as well as for the supply of raw materials to the enterprise. The main logistics directions are the transportation of sinter ore and metal products, as well as backward incoming raw materials – limestone, coal, coke, coke shot ” … In addition to gondola cars, the company also uses dump cars, platforms, cisterns, pellet carriers, coke and cement carriers in cargo transportation.

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