FINNISH steel companies Rautaruukki and Outokumpu are set to benefit from European Commission funding of Euro 600,000 granted to support the distribution of steel across Europe using alternatives to road transport.

The funded transport project is part of the EU's PACT programme, which aims to move containers and similar units away from roads to rail, sea and inland waterways. Finnish shipping company Oy Langh Ship is to receive the grant "to transport steel in inter-modal loading units from Finland to central Europe via ports in ...

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