Mechel is a low-cost fully integrated mining and steel company focused on the production of mining products, such as coal, iron ore, nickel, and steel products.
| | Overview |
Our business consists of two segments: mining and steel, comprising facilities in Russia, Romania and Lithuania. In addition, Mechel owns two trade ports and a railway company.
In 2004, Mechel had revenues of $3.64 billion (U.S. GAAP), net income of $1.34 billion and EBITDA of $907.7 million.
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| | Strategy | Our goal is to expand our mining business, both through organic growth as well as acquisitions; to improve our steel segment margins through plant modernization, cost cutting and product portfolio optimization.. more |
 | | Production Sites |
We strive to take full advantage of synergies and economies of scale by fostering close ties between our companies.
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