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Mechel Receives Russia-Korea Business Award in Best Corporation Category

Seoul, Republic of Korea – April 04, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces winning Russia-Korea Business Awards’ Best Corporation nomination.

Mechel Announces That It Is in Discussions With Its Lenders

Moscow, Russia – March 29, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it commenced discussions with its lenders seeking waivers and amendments to certain of its credit facilities.

Mechel Reports Resumption of Work at Otelu Rosu Plant

Otelu Rosu, Romania — March 27, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that smelting production at Ductil Steel Otelu Rosu plant in Romania has resumed.

Mechel Reports Successful Installation of New Electric Furnace at Bratsk Ferroalloy Plant

Bratsk, Russia – March 20, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that a ferroalloy electric furnace was installed and the first smelting of ferrosilicon conducted as part of modernization of Bratsk Ferroalloy Plant of the group’s ferroalloys division.

Mechel Reports Yakutugol Receiving Subsoil Licenses for Research and Extraction of Iron Ore in Yakutia

Moscow, Russia – March 12, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces receiving subsoil licenses for researching, investigating and extracting iron ore in the Sutamsky area and in the Sivaglinsky deposit, both located in the Republic of Sakha (Yakutia)’s Neryungri region.

Mechel Reports Suspension of Smelting Production at Otelu Rosu

Moscow, Russia — March 11, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that smelting production at Otelu Rosu has been temporarily halted due to a contingency situation.

Mechel Announces Changes in Management of Group’s Power Division

Moscow, Russia — March 06, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of the new Chief Executive Officer of Mechel-Energo OOO.

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