11 June 2021 Europe

EVRAZ And RZD To Consider Manufacturing Of ‘Green Rails’

EVRAZ (LSE: EVR) and OAO RZD have agreed to join efforts in reducing GHG emissions through manufacturing and operating rails made of steel with a low carbon footprint. A memorandum to that effect has been signed by Alexander Abramov, Chairman of the Board at EVRAZ, and Oleg Belozerov, CEO of OAO RZD. ‘Green rails’ that EVRAZ is going to pioneer in Russia together with RZD will be manufactured from steel with a 75-percent lower carbon emission footprint as compared to the traditional blast furna

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