Allegro to Build Steel Rail Wheel Set Plant in Sverdlovsk Region
EVRAZ and the Rail Service industrial group’s Allegro Company have received a permit to build a complex for the production of wheel sets for railway cars. The permit launches a large scale industrial project in the Sverdlovsk region. Currently, all design work has been completed and construction will begin in January 2021 in an area of more than 11 hectares. Production is scheduled to begin in Q4 2022. Andritz will supply the railway wheel line in Titanium Valley. The capacity of the enterprise being created is 200 thousand pieces per year, with the possibility of increasing up to 300 thousand. The volume of investments will amount to more than 16 billion rubles and 425 new jobs will be created at the site in Verkhnyaya Salda
Delivery of raw materials for production and dispatch of finished products will be carried out using railway transport. The railway will be built in the Titanium Valley SEZ in 2022.
United Metallurgical Company OMK and EVRAZ are the top 2 producers In the Russian railway wheel market now. These companies are capable of producing 950,000 units and 525,000 units per year respectively.