"As North American rail companies continually expand their networks, our customers are looking for world class head hardened rail to enable more tonnage to travel over their lines at a lower total cost," said Pavel Tatyanin, senior vice president, head of international business at Evraz. "Our Pueblo facility is ideally suited to help fill this need, both in terms of its geographic location as well as the manufacturing expertise of our local team."
The investment is scheduled to be complete by the first quarter of 2013 and will increase the mill's total capacity by 10 percent, to almost 525,000 metric tons (1,157,426 lbs.) of premium rail annually. Improvements will be made in head hardening, quality and straightness and the facility's labs will be upgraded to increase the rate of product development. EVRAZ will continue to supply steel for the rail facility from its adjacent steel mill, which recently received a permit to expand production capacity.