Operators who work in the mining and metallurgical sectors had to reduce rental rates in February 2025 amid extremely scant offer of cargoes. However, market participants expect the overall situation in this sector to improve in late March – early April.
At the end of last year, Interpipe fulfilled ahead of schedule the contract for the supply of 10,000 railway wheels for the Indian state-owned enterprise Indian Railways. The agreement provided for the purchase of standard freight wheels with a diameter of 1,000 mm for gondola cars and boxcars of the BOXN Wagon type.
LTG Cargo is holding an auction for the sale of box cars. These cars are currently located in Ukraine on a lease basis, and the transfer to the new owners must be made on the territory of Ukraine.
Gondola car rental rate index, €/day*
Gondola car price index, €/unit*
Last year, Astarta-Kyiv Holding exported more than 1.2 million tons of products to 53 countries, up 18% compared to 2023.
The overall volume of railway transportation of rolled products, semi-finished products, pipes, pig iron and scrap of ferrous metals increased by 5% to 800,000 t in Ukraine in December compared with November. In particular, exports surged to 502,000 t (up 33% month-on-month).
Kremenchuk Steel Works produced about 400 t of large railway steel castings in December 2024. The total output of such products averaged some 10,700 t in 2024.
LTG Group continues to implement European rail transportation standards and replaces outdated infrastructure focused on Russian requirements. The company has successfully completed a test run of a train with a new electric locomotive across the Baltic States to the port of Muuga (Estonia).
Gondola cars are standing idle in the Baltic countries in January over a seasonal decline in demand for rail transportation. This situation is quite typical for winter months when the activity is weakening noticeably in many sectors, including industrial and agricultural ones. Rolling stock owners keep wagons idle until the prospects for the new…… Read more »