Mechel to purchase 1,000 new gondola cars

Mechel intends to acquire 1,000 new gondola cars this year. At the end of December, the company purchased 150 railcars under a contract valuated at RUB 467 million (USD 7 million). Most gondola railcars are produced by Altaivagon and RM Rail Ruzhimmash and both bought to own and leased.
“Over the past four years, some 150,000 gondola cars were scrapped in the Russian market due to expired life, which is practically a quarter of the entire fleet volume. The shortage in all-purpose vehicle transport segment is still being felt. As such, in order to improve the situation with transporting Mechel Group’s coal products we intend to dramatically expand our fleet. We are currently in active talks with wagonbuilders and leasing companies,” Alexey Lebedev, the CEO of Mecheltrans said.
Currently, Mechel Group’s transport operator Mecheltrans manages approximately 11,000 rail vehicle units. Mecheltrans transports 45 million tonnes of cargo annually.


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