Press Releases
01June2020

Mechel Reports Decisions of the Board of Directors

Moscow, Russia June 1, 2020 Mechel PAO (NYSE: MTL, MOEX: MTLR), a leading Russian mining and metals company, announces the decisions made by its Board of Directors at a meeting held on May 29, 2020.
28May2020

Mechel Ups Sales of Railway Products

Moscow, Russia 28 May 2020 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports increased sales of rails and sections for wagon building over the first four months of 2020.
26May2020

Mechel Reports the 1Q 2020 Financial Results

Consolidated revenue 68.3 bln rubles (-9% compared to 1Q 2019)

EBITDA 12.7 bln rubles (-17% compared to 1Q 2019)

Loss attributable to equity shareholders of Mechel PAO 36.9 bln rubles
26May2020

Mechel Reports 1Q2020 Operational Results

Moscow, Russia 26 May 2020 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2020 operational results.
22May2020

Mechel Announces the 1Q 2020 Financial Results Release Date

Moscow, Russia May 22, 2020 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the first quarter period ending March 31, 2020, on Tuesday, May 26, 2020.
22April2020

Mechel Reports Selling Elga Coal Complex and Completing Restructuring Process with State-Controlled Lender Banks

Moscow, Russia 22 April 2020 Mechel PAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports closing the deal on the sale of companies comprising Elga Coal Complex, and signing agreements with Gazprombank and VTB Bank prolonging the debt maturity of the credit lines by 10 years.
15April2020

Mechel Upgrades Key Facility at Bratsk Ferroalloy Plant

Bratsk, Russia 15 April 2020 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports launching an upgraded furnace at Bratsk Ferroalloy Plant. The upgrade boosted the ferroalloy ore-smelting furnaces capacity from 25 MVA to 33 MVA. This will enable the plant to increase the furnaces output by 40%. Investment totaled approximately 1.1 billion rubles.
03April2020

Mechel Service Provides Steel Rolls for Construction of Coronavirus Medical Centers

Moscow, Russia 3 April 2020 Mechel Groups (MOEX: MTLR, NYSE: MTL, one of the leading Russian mining and metals companies) sales network Mechel Service is supplying steel rolls for construction of infectious disease hospitals designed to fight coronavirus all over Russia.
25March2020

Mechel Announces Filing with SEC 2019 Annual Report (form 20-F)

Moscow, Russia March 25, 2020 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Securities and Exchange Commission.
19March2020

Mechel Reports the FY2019 Financial Results

Consolidated revenue 296.6 bln rubles (-5% compared to FY2018)

EBITDA 53.4 bln rubles (-29% compared to FY2018)

Profit attributable to equity shareholders of Mechel PAO 2.4 bln rubles
19March2020

Mechel Reports 2019 Operational Results

Moscow, Russia 19 March 2020 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 2019 operational results.
18March2020

Mechel Announces 2019 Financial Results Release Date

Moscow, Russia March 18, 2020 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the full year period ending December 31, 2019, on Thursday, March 19, 2020.
12March2020

Mechel Launches Upgraded Steelmaking Equipment at Chelyabinsk Metallurgical Plant

Chelyabinsk, Russia 12 March 2020 Mechel PAO (MOEX: MTLR; NYSE: MTL), one of the leading Russian mining and metals companies, reports launching two upgraded key facilities at Chelyabinsk Metallurgical Plant (part of Mechel Group) blast furnace #4 and converter #1. Investment totaled 4.5 billion rubles.
19November2019

Mechel Reports the 3Q2019 Financial Results

Consolidated revenue 74.9 bln rubles (-5% compared to 2Q2019)

EBITDA 13.7 bln rubles (-9% compared to 2Q2019)

Loss attributable to equity shareholders of Mechel PAO 0.6 bln rubles
19November2019

Mechel Reports 9M2019 Operational Results

Moscow, Russia November 19, 2019 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M2019 operational results.
15November2019

Mechel Announces Third Quarter 2019 Financial Results Release Date

Moscow, Russia November 15, 2019 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the third quarter period ending September 30, 2019, on Tuesday, November 19, 2019.
17October2019

Mechel Signs Long-Term Coal Supply Contract with South Koreas STX Corporation

Baar, Switzerland October 17, 2019 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces signing a memorandum for coal supply with STX Corporation, an Asian universal trade major.
07October2019

Mechel Reports Launch of New Longwall at Southern Kuzbass

Mezhdurechensk, Russia October 07, 2019 Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports launching a new longwall at Sibirginskaya Underground Mine which is part of Southern Kuzbass Coal Company.
17September2019

Elga Coal Complex Linked to Russias United Energy Grid

Neryungri, Russia September 17, 2019 Mechel PAO (NYSE: MTL, MOEX: MTLR), one of the leading Russian mining and metals companies, reports the launch of the Federal Grid Company of Unified Energy System (FGC UES)s 220-kV Elgaugol electrical substation and 220-kV Prizeiskaya-Elgaugol electric power line. Federal Grid Company supplies the line with electricity from Russias united energy system. The transfer to centralized electricity supply will enable Elgaugol OOO to dramatically slash energy costs and use more efficient equipment.
05September2019

Mechel Signs Partnership Agreement with Rosgeo

Vladivostok, Russia September 05, 2019 Mechel PAO (NYSE: MTL, MOEX: MTLR), one of the leading Russian mining and metals companies, reports signing an agreement of intent on partnership in mineral resource management with AO Rosgeo. The ceremony was on the sidelines of V Eastern Economic Forum, with the agreement signed by Rosgeos Chief Executive Officer and Chairman of the Board Sergei Gorkov and Mechel PAOs Chief Executive Officer Oleg Korzhov.