Moscow, Russia — May 31, 2005 — Mechel OAO (NYSE: MTL), a leading integrated Russian mining and metals producer, announces its board’s dividend recommendation.
Moscow, Russia – May 18, 2005 – Mechel OAO (NYSE: MTL) increased output of its core products in 1Q2005 as compared to the same period last year. Significant growth was achieved in the production of coal and rolled products, with output increasing by 12.8% and 19.7%, respectively.
Izhevsk, Russia – April 27, 2005 – Mechel OAO (NYSE:MTL) announces the acquisition of a 90.36% stake in Kambarka Port OAO.
Moscow, Russia – April 27, 2005 – Mechel announces appointment of Alexander Proskurin as General Director of its 100% subsidiary, Mechel Trading House OOO.
Moscow, Russia – April 20, 2005 – Mechel (NYSE: MTL) announces the startup of the first line of the new sinter plant at its subsidiary, Chelyabinsk Metallurgical Plant.
Izhevsk, Russia – April 15, 2005 – Mechel OAO has increased its stake in Izhstal OAO to 87.35%.
Kemerovo, Russia – April 7, 2005 – Southern Kuzbass Coal Company, a subsidiary of Mechel, has won two auctions for the right to explore and mine coking coal at two plots of the Erunakovskoye Coal Deposit, with total reserves of 264.6 million tons according to Russian reserve valuation standards.
Orsk, Russia – March 16, 2005 – The Board of Directors of Southern Urals Nickel Plant OAO, a subsidiary of Mechel, has appointed Gennady Ovchinnikov as acting General Director.
Moscow, Russia – March 15, 2005 – Mechel (NYSE: MTL) announces signing of a new cooperation agreement with the Republic of Karelia, where its Vyartsilya Metal Products Plant is located.
Moscow, Russia — February 28, 2005 — Mechel increased output of its core products in 2004 as compared to the same period last year. Significant growth has been achieved in coal and rolled steel production — by 10.3% and 20.9%, respectively.