Dear friends!
Mechel is one of the leading Russian companies in the metals and mining industries.
We are one of the largest Russian manufacturers of long products and the largest and most comprehensive producer of specialty steels and alloys. Our subsidiaries also produce a wide range of flat metal products, stampings and hardware.
We mine coking and steam coal and iron and nickel ore. We also produce iron ore concentrate and nickel, which are used by our companies for metallurgical production and sold to the market. Mechel is the only company in the world able to internally source these three primary types of raw materials.
We strive to take full advantage of synergies and economies of scale by fostering close ties between our companies, which enable us to reduce production costs, strengthen financial and operational stability, and ensure competitiveness and product quality.
Numerous international certificates attest to the high quality of our products. Our broad distribution and marketing capabilities, combined with flexible sales policies and personal attention to each client, enable us to operate successfully in the Russian market and to export our products to over 30 other countries, while continually expanding our partnerships and moving into new markets.
Our goal is to ensure steady growth, and we recognize that achieving this aim would be impossible without the talent and commitment of our staff. We take pride in the high level of professionalism and dedication of our employees.
Many of the companies in Mechel are the primary source of employment in their respective cities. We deeply care about the living and working conditions of our employees, their family members, and other residents of these communities. We believe in corporate social responsibility and have chosen to foster socio-economic and cultural development programs and education in each of the regions where we work. Our social responsibility initiatives also include the practice of environmentally safe production and protection of the environment.
We have created a dynamically growing company, continually meeting and exceeding today's standards of what it means to be a successful and responsible business. Mechel has a strong foundation upon which we can thoughtfully and assuredly move forward.
Igor V. Zyuzin
CEO of Mechel OAO
