Press Releases

Mechel Reports Decisions of its Board of Directors

Moscow, Russia – June 2, 2023 – Mechel PAO (MOEX: MTLR), a leading Russian mining and metals company, announces the decisions made by its Board of Directors at a meeting held on May 29, 2023.

The Board of Directors made the following recommendations to the general meeting of Mechel PAO’s shareholders:

  • Not to liquidate the loss of 33,258,899.89 rubles received in 2022 and to leave it on Mechel PAO's balance sheet;
  • Not to pay dividends with respect to any of Mechel PAO’s shares. 


Mechel PAO
Ekaterina Videman
Tel: + 7 495 221 88 88


Mechel is an international mining and steel company. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products.