It is reported by the railway magazine Railway Supply with reference to the British Foreign Office.
“The metallurgical and mining company operates in sectors of strategic importance for the Russian government,” the department explained. They added that Evraz produces 28% of all railway wheels in Russia and 97% of rails. “This is vital as Russia uses the railroad to transport military supplies and troops to the front lines in Ukraine,” the release said.
Consequently, global railway sliding bearings market participants are concentrating their resources on R&D activities in order to attain the same.