Trade Port Posiet

Press releases

Mechel Announces Commissioning of New Berth at Its Trade Port Posiet Subsidiary

Posiet, Russia – May 10, 2007, – Mechel OAO (NYSE: MTL) announces the commissioning of a new berthing wall and warehouse area at its subsidiary, Trade Port Posiet OAO. The commissioning will enable the port to accept a new class of 40K tonne ships this year and will allow Mechel to broaden its capabilities of marketing coal to Asian Pacific countries.