Press Releases
Mechel Reports Resumption of Mining at Mechel Bluestone Mining Facilities
Moscow, Russia — January 24, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the resumption of work at several of Mechel Bluestone's (West Virginia, USA) mining facilities. Mechel Bluestone is part of the Group’s mining division.
Mechel Reports Selling Part of Controlling Stake in Vanino Sea Trade Port OAO to Investors
Moscow, Russia – January 18, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports selling a part of its earlier acquired controlling stake in Vanino Sea Trade Port OAO to investors.
Mechel Reports Acquiring Controlling Stake in Vanino Sea Trade Port OAO
Moscow, Russia – January 14, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports acquiring 55% (73.33% of common shares) of Vanino Sea Trade Port OAO. The acquisition was made in line with the company’s strategy of developing its mining division in a bid to expand its export capacities and reduce transport costs in line with planned increases in coal mining volumes.
Mechel Reports Halting Production at Southern Urals Nickel Plant
Moscow, Russia — December 19, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports halting production at Southern Urals Nickel Plant OAO.
Mechel Announces Management Changes at Izhstal OAO
Moscow, Russia — December 19, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of a new Managing Director of Izhstal OAO (Izhstal), part of Mechel Group.
Mechel Announces Disposal of Toplofikatsia Rousse EAD
Moscow, Russia — December 18, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria).
Mechel Reports The 9m 2012 Financial Results
Moscow, Russia – December 12, 2012 – Mechel OAO (NYSE: MTL), a leading Russian mining and steel group, today announced financial results for the 9M 2012.
Mechel Announces 2012 Nine Months Financial Results Conference Call And Internet Broadcast
Moscow, Russia — December 10, 2012 — Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its financial results for the nine months period ending September 30, 2012 on Wednesday, December 12, 2012. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Evgeny Mikhel, Chief Executive Officer, will host the call.
Mechel Secures Restructuring of a 1-Billion-Dollar Syndicated Loan
Moscow, Russia – December 05, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces signing an amendment and restatement agreement in relation to a syndicated pre-export loan totalling 1 billion US dollars in order to further improve the liquidity of the company.
Mechel Reports Temporary Suspension of Steelmaking Facilities in Romania and Ukraine
Moscow, Russia – November 23, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports temporary halting of production facilities at Donetsk Electrometallurgical Plant (DEMZ), which is part of Mechel’s steel division, and the schedule for temporary suspension of production at the group’s Romanian steelmaking facilities that are part of Mechel’s Eastern European Steel Division, in both cases due to unfavorable conditions on markets of raw materials and finished steel products.