ArcelorMittal will supply steel for railway infrastructure projects in Spain, Kallanish learns from Spanish state-owned company Adif.
“The Board of Directors of Adif has approved the award to ArcelorMittal of the new rail supply and transport contract for the needs of works, repairs and spare parts in the General Interest Railway Network (RFIG),” Adif says. “The value of the contract is €42,350,000 million ($46.3 million).”
ArcelorMittal will fulfil the agreement by supplying rails from its rails and special sections plant in Gijón, northern Spain, under an open order system without a firm purchase commitment. The provision of rails will depend on Adif’s needs to deal with maintenance and renovation work on roads and treatment of diversions and stations, the railway infrastructure company adds.
The project will be co-financed by the European Regional Development Fund through the Spanish Multi-Regional operational program 2014-2020 and the “Connect Europe” mechanism (CEF).