The Swedish Transport Administration Trafikverket is considering financing new rail freight projects through government loans that might total over 2.5 billion euros. This, according to a spokesperson from the agency, should “enable an earlier and...Read more
A new sanction measure, which will take effect at the end of this month, could impact China-Europe volumes. Starting 30 September, the import of certain Russian iron and steel products processed in a third country...Read more
The cooperation between DB Cargo, voestalpine and LogServ has been extended for another two years. The Austria-based steel technology company aims to increase the volumes of steel and scarp circulating via rail per year to...Read more
MARKET INSIGHTSUkrainian iron ore and steel suppliers face financial annihilation from supply chain disruptions. Major companies like ArcelorMittal or Metinvest Group see their exports and production output coming to a standstill since rail routes proved insufficient...Read more
The UK’s fast growing rail freight operator GB Railfreight has put pen to paper on a deal with Spanish-owned multinational metals corporation Celsa Steel. The British operator has signed a twelve-year contract to provide rail...Read more
DB Cargo has signed a ten-year contract with steel producer ArcelorMittal to supply its blast furnace in Eisenhüttenstadt, Germany. Thanks to the contract, which runs until 2031, DB Cargo will deliver raw materials to one...Read more
The company responsible for the making of UK’s railway, British Steel, has been sold to the Chinese Jingye Group. The 3000-strong local workforce has met the news with relief, and the rail industry says it...Read more