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

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

Turkish flats prices generally stabilize after holiday

16 Apr | Flats and Slab

Stocks of main finished steel products in China down 4.8% in early April

16 Apr | Steel News

US flat steel prices steady as higher mill offers fail to deliver price gains

12 Apr | Flats and Slab

Flat steel prices in local Taiwanese market - week 15, 2024

11 Apr | Flats and Slab

Baosteel cuts local HRC prices by $14/mt for May

11 Apr | Flats and Slab

Ex-China CRC offer prices move sideways but mood improves

10 Apr | Flats and Slab

Stocks of main finished steel products in China down 2.8% in late March

09 Apr | Steel News

Indian mills issue local flats base prices for April, improvement still difficult

08 Apr | Flats and Slab