Ukrzaliznytsia has started to use ProZorro.sale to work through its scrap metal mountain

Thursday, August 29, 2019
Ukrzaliznytsia has started to use ProZorro.sale to work through its scrap metal mountain

Ukrzaliznytsia has started to use ProZorro.sale to work through its scrap metal mountain. In three days of auctions last week, it sold 65,000 tons of scrap for $14 million. Interpipe, the pipe and rail wheel manufacturer, bought almost half of the scrap. Unblocking sales, the state railroad shifted from placing the onus for delivery on the seller, rather than the buyer. With 16,000 decommissioned freight cars ready for sale, metallurgical companies prepare for more auctions this fall.

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