The properties of railway rails steels are prescribed according to Codex UIC 860V of International Railway Union, according to important national standards such as ASTM, AREA, GOST BS, JIS, etc and in series of new European standards pr. EN 13674 and others. This paper contains first short review prescribed properties of railway rails steels according to Codex UIC 860V and other important standards in the world in comparison with series pr. EN 13674 and others.