IR and JSW Limited ink deal on HRC and CRC transport in specially-designed wagons

Tuesday, 26 October 2021 11:49:44 (GMT+3)   |   Kolkata
       

Indian national transporter Indian Railways (IR) and JSW Limited’s Vijaynagar steel mill have signed an agreement under which the transporter will provide “bogie versatile coil wagons (BVCW)” for transportation of hot and coil rolled coils, company sources said on Tuesday, October 26.

The sources said that transportation of HR/CRC by means of BVCW will be made through IR’s ‘liberalized special freight train operator scheme and under the agreement JSW will be entitled to a 12 percent freight concession for a period of 20 years.

The wagons have been specially designed jointly by IR’s Research Design and Standards Organization (RDSO) and Jindal Rail infrastructure Limited. Each rake can transport 3,973 mt and these wagons are designed for high capacity and high speed, and the unique design ensures that the steel coils do not suffer damage during transit, the sources said.


Similar articles

US flat steel prices mixed as sidelined buyers return to a late-April market

03 May | Flats and Slab

Romanian flats prices stable ahead of Orthodox Easter holiday

03 May | Flats and Slab

Flat steel prices in local Taiwanese market - week 18, 2024

02 May | Flats and Slab

Romanian flats prices stable despite slower trade

26 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 17, 2024

25 Apr | Flats and Slab

Stocks of main finished steel products in China down 5.4% in mid-April

25 Apr | Steel News

Ex-China CRC offer prices rise slightly despite slow trade

24 Apr | Flats and Slab

US flat rolled prices steady at mid-month despite lack of availability

19 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 16, 2024

18 Apr | Flats and Slab

Ex-China CRC offer prices edge up amid better sentiment locally

17 Apr | Flats and Slab