Tata Steel to keep trains on track
Tata Steel has won a contract to supply rail track and steel sleeper plate to Network Rail for at least five years.
Network Rail, which operates and maintains Britain’s rail infrastructure, has chosen to source more than 95 per cent of its rail from Tata Steel until 2019, with the option to extend this until 2024.
The contract could see Tata Steel, which employs 18,500 people in the UK, supplying more than a million tonnes of rail, including premium products such as 1HPrail, for Britain’s passenger and freight lines.
The latest Network Rail deal will account for around five per cent of the annual steel output from Tata Steel’s Scunthorpe site, which is to supply Tata’s Hayange plant in France following the award of a contract from SNCF for more than 200,000 tonnes of track.
The contract will see Tata Steel supply the majority of SNCF’s rail requirements in lengths of up to 108m.