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ASCIANO has struck a fresh deal with Bluescope Steel and Arrium to continue providing them with rail linehaul services across Australia.
The existing deal between Asciano's Pacific National Rail division and the two steelmakers was due to expire in January 2015 but will now run through to at least 2022.
Pacific National will move about three million tonnes of steel products a year between manufacturing sites and distribution terminals in mainland capital cities.
Asciano said it had also signed a new seven-year agreement with BlueScope to continue supplying rail services within the BlueScope Port Kembla Steelworks.
At the end of the 2011 financial year, Pacific National maintained a fleet of 317 locomotives and more than 6,000 wagons.
It also generated more than a third of Asciano's total revenue.
This article first appeared on www.theaustralian.com.au
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