Cargo suppliers don’t want consolidation of rail carriage market on basis of State transport leasing company

Coal miners and steelmakers have urged regulators, primarily the FAS, to prevent the monopolization of the carriage market and a sharp rise in interest rates. The reason for the alarm was plans to consolidate about 35% of the market on the basis of the State transport leasing company (GTLK) (the plan "Hurricane") in the Government, as a result of which the rate will increase to the level of 800-900 rubles per carriage per day as compared to today's 450-550 rubles, which will significantly increase the cargo costs. But the FAS itself is sharply against the growth in the rate and believes that that savings on the infrastructure part of the tariff, which Russian Railways is currently seeking, shouldn’t flow to the carriage component.

On Tuesday, the Deputy Head of the Ministry of Energy Anatoly Yanovsky held a meeting on transport component in the price of coal. By results of the meeting, as a source, familiar with its course, told the Kommersant, the FAS was instructed to prevent the monopolization of the market gondolas and growth of the transport component. There was also a request to reset the export premium on coal (for energy coal +1.4%, coking coal + 13.4% to the rate of the FAS). Yesterday, Russian Steel (comprising the largest steelmakers) applied to the Deputy Prime Minister Arkady Dvorkovich with a letter. In this letter Russian Steel responds to the plans of the consolidation of gondola fleet on the basis of Federal Freight Company (FGK, is a subsidiary of Russian Railways) or GTLK, being actively discussed in the Government.