10,011.27 TRY BIST 100 BIST 100
4.83 CNY CNY CNY
34.98 USD USD USD
36.71 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
43.21 TRY Interest Interest
73.23 USD Fossil Oil Fossil Oil
30.41 USD Silver Silver
4.13 USD Copper Copper
104.99 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,646.47 TRY Gold (gr) Gold (gr)

Russian Railways set discounted tariffs for ferrous metals transportation routes to Iran

Russian Railways (RZD) announced a significant 50% discount for ferrous metals transported along the eastern line of the North-South international transport corridor through Kazakhstan and Turkmenistan.

Russian Railways set discounted tariffs for ferrous metals transportation routes to Iran

The Board of Directors of Russian Railways has approved a 0.5 coefficient to the tariff for the carriage of ferrous metals in wagons passing through stations on the Russian-Kazakh border and then through Sarakhs or Akyaila stations on the territory of Turkmenistan.

The North-South is an international transport corridor between Russia, India and Iran. The eastern line forms a direct railway connection. The new branch goes directly from Kazakhstan to Turkmenistan, skipping the territory of Uzbekistan, and goes to Iran.

The discount will be valid until the end of 2024 and will cover a wide range of cargoes, including steel bars, billets, slabs, ferroalloys, pipes, rails, profiles, steel channels, steel sheets and others.

Russian Railways emphasises that this decision, adopted as part of the tariff policy with partners in the North-South corridor, will significantly improve conditions for the export of steel products to Asian countries, which have become one of the key markets for Russian ferrous metal products.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

The Moselle River accident and its effects: logistics, trade and scrap markets shaken

Wednesday, December 18, 2024

Worldwide Stainless acquires Bahru Stainless

Wednesday, December 18, 2024

Cleveland-Cliffs increases HRC prices by $50

Wednesday, December 18, 2024

Europe's crude steel production increased

Wednesday, December 18, 2024

2024 rebar prices in Saudi Arabia reflect decreasing trend compared to 2023

Wednesday, December 18, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now