Press Center
Mechel Announced its Winning of Auctions to Develop New Coking Coal Mine Areas
Kemerovo, Russia – December 2, 2004 – Southern Kuzbass Coal Company, a subsidiary of Mechel , has won two auctions for the right to use subsoil plots for coking coal exploration and mining at the Raspadsky Open Pit Mine and Berezovsky-2 areas, with total reserves of 55.5 million tons according to Russian reserve valuation standards . In total, Mechel has increased its reserves of coking coal by over 120 million tons in the last month.
Mechel Announces The Exercise Of The Greenshoe Option Related To Its IPO On The New York Stock Exchange
Moscow, Russia – November 29, 2004 – Mechel (NYSE: MTL), a Russian metals and mining company, announced today that the global coordinator for its IPO has fully exercised its option to place an additional 2,081,354 American Depositary Shares (ADS), representing 6,244,062 ordinary shares, at the price of the IPO of $21.00 per one ADS.
Mechel announces the placement of its first bond issue at par value with a coupon of 10.69%
Moscow, Russia – November 25, 2004 – Mechel Steel Group OAO, a Russian metals and mining company, announces the placement of its first bond issue on MICEX. The coupon rate of the issue is 10.69%. According to the results of the first day of allocation, the total bond issue of Mechel was fully placed.
Mechel announces that the Federal Service for the Financial Markets has registered its report on additional securities issue issued for its IPO on the NYSE
Moscow, Russia – November 19, 2004 – Mechel, a Russian metals and mining company, announced today that the Federal Service for the Financial Markets of the Russian Federation has registered its report on the results of an additional issue of securities. The additional shares underlie American Depositary Shares, placed on the New York Stock Exchange in the form of 3rd Level American Depositary Receipts on October 29, 2004.
Mechel Announces That It Has Won An Auction To Develop A Coking Coal Deposit
Moscow, Russia – November 11, 2004 – Mechel, a Russian metals and mining company, announced today that its subsidiary, Southern Kuzbass Coal Company, has won an auction to develop a coking coal mine in the Sibirginskaya Mine area in the Kuzbass region of Russia.
Mechel Prices Its Initial Public Offering
Russian Metals and Mining Company Enters International Equity Markets
Moscow, Russia – October 29, 2004 – Mechel Steel Group OAO (NYSE: MTL), a Russian metals and mining company, announced today the pricing of its Initial Public Offering of 13,875,691 American Depositary Shares (ADSs), each representing three shares of Mechel’s common shares, at an offer price to the public of US$21 per ADS.
Moscow, Russia – October 29, 2004 – Mechel Steel Group OAO (NYSE: MTL), a Russian metals and mining company, announced today the pricing of its Initial Public Offering of 13,875,691 American Depositary Shares (ADSs), each representing three shares of Mechel’s common shares, at an offer price to the public of US$21 per ADS.
Mechel Steel Group reports its operational results for the first half of 2004
Moscow, RUSSIA – July 19, 2004 – Mechel Steel Group increased output of all its main products in the first half of 2004, as compared to the same period of last year.
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A Mecheltrans wagon waiting to be loaded at Chelyabinsk industrial site
Mining machine at work in Sibirginskaya Underground Mine
Production of rolled rings for the oil and gas industry at Urals Stampings Plant
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