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.
Mechel OAO, founded in 2003, is one of Russia’s leading coal and steel producers.|
Mechel’s fully integrated business consists of four segments: mining, steel, ferroalloys and power. The company has production facilities in 13 of Russia’s regions, as well as the United States, Kazakhstan, Lithuania and Bulgaria.
Mechel is comprised of over 30 production enterprises, producing coal, iron ore concentrate, steel, rolled products, steel downstream products, ferroalloys, heat and electric power. All of the group’s enterprises work within a single production chain — from raw materials to high value-added products. The holding also owns three trade ports, a transport operator and international sales and service networks. Mechel’s products are sold in Russia and abroad. The company has over 93,000 personnel.
|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|
We strive to take full advantage of synergies and economies of scale by fostering close ties between our companies.