'Reportedly' or 'Rumoured'? I think it's safe to call bollocks on that.
In the words of their own MD, SCT current committed investment is "around $100 million including locomotives, rolling stock and rail terminal upgrades."
Even at Chinese knock-down prices that ain't going to cover the cost of 30 x CSRs.
The steel contract is only the Bluescope steel business (not Liberty ex Whyalla) and the majority of the contract has gone to QUBE, not SCT. Given that SCT is continually bleating about the impact of coastal shipping on its business, where is the need for all this motive power coming from?
Whether it is a big enough or not remains to be seen, but SCT already has a loco maintenance centre adjacent to its Penfield terminal in SA.
Rumoured you are correct.
Outside of the new business from Bluescope SCT are running hard on length and look to be suffering from delays furing the week with their services. They have also been running additional services.
Noting of course the CLx units have come off the services they were on reliability issues?