Will Ukrainian railway wheels go to Russia?

Significant demand slump and protective duties on railway wheels could severely influence the export of Ukrainian production.

railway wheels
Picture: Vincent Mundy / Bloomberg

Ministry of Transport of the Russian Federation discusses the possibility of the prohibiting the import of Ukrainian railway wheels. It can be made up to the end of 2020, as reported by railway magazine «Railway Supply» with reference to sources in RBC.

In 2019 Interpipe (Ukrainian railway wheels manufacturer) supplied about 223 thousand wheels to Russian customers. Starting from the 2nd of June 2020, on the initiative of Russian railways and Minisrty of Transport, Eurasian Economic Commission has imposed a new anti-demping duty upon the largest Ukrainain manufacturer again.