Press Releases
16 May 2014

Mechel Announces Filing with SEC 2013 Annual Report (Form 20-F)

Moscow, Russia — May 16, 2014 – Mechel OAO (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, 2013 with the U.S. Securities and Exchange Commission.
15 May 2014

Mechel Reports the 2013 Financial Results

Revenue amounted to $8.6 billion

Consolidated adjusted EBITDA amounted to $730 million

Net loss attributable to shareholders of Mechel OAO amounted to $2.9 billion
14 May 2014

Mechel Announces 2013 Full Year Financial Results Conference Call and Internet Broadcast

Moscow, Russia — May 14, 2014 — Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its financial results for the full year period ending December 31, 2013, on Thursday, May 15, 2014. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive Officer, will host the call.
13 May 2014

Mechel Reports 1Q2014 Operational Results

Moscow, Russia – May 13, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2014 operational results.
29 April 2014

Mechel Reports Temporary Halting of Mining Operations at Mechel Bluestone

Moscow, Russia – April 29, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the temporary halting of mining at Mechel Bluestone (West Virginia, USA), which is part of the Group’s mining division.
23 April 2014

Mechel Reports Signing Agreement on Cargo Transport Pool System with TransContainer

Moscow, Russia – April 23, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces signing an agreement on creating a pool system for transporting cargo with the Russia’s leading intermodal container operator, JSC TransContainer.
10 April 2014

Mechel Increases Coal Supplies to China’s Baosteel Corporation to Reach 1.2 mln Tonnes

Shanghai, China – April 10, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its contract with China’s steelmaking major Baosteel Resources corporation, which provides for an increase of coal supplies to 1.2 million tonnes of coking coal a year, has been prolonged.
10 April 2014

Mechel Reports Joint Project with Russia’s Federal Labor and Employment Service

Moscow, Russia — April 10, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the launch of a pilot project on stepping up the efficiency of measures for improvement of labor conditions at the Group’s enterprises.
09 April 2014

Mechel Reports Contract Pertaining to Elga Project’s Realization with Vnesheconombank Project Funding

Moscow, Russia – April 09, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces signing a contract with Austria’s Binder company for engineering services on designing the technological coal drying line for Elga Coal Complex’s first stage.
01 April 2014

Mechel Announces Management Changes

Moscow, Russia — April 01, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a new executive appointment.
21 March 2014

Mechel Reports Launching Screening Complex at Coal Terminal in India’s Vishakhapatnam

Moscow, Russia — March 21, 2014 — Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that its subsidiary Ģechel Somani Carbon Private Limited launched a screening facility at coal terminal in Vishakhapatnam on India’s east coast. This will greatly expand Mechel’s capacity for marketing coal on the promising Indian market.
14 March 2014

Mechel, Vnesheconombank Sign Agreements for Second and Third Credit Lines to finance Elga Coal Complex Development

Moscow, Russia – March 14, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that project company Elgaugol OOO, which is part of Mechel Group, and State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” signed agreements for the second and third credit lines of project financing for developing Elga Coal Complex’s first phase, for 2.085 billion US dollars and 418.7 million US dollars respectively.
12 March 2014

Mechel Reports Decision of Extraordinary Shareholder Meeting

Moscow, Russia — March 12, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that its extraordinary general shareholders’ meeting approved the pledge of a blocking minority stake of common shares in Mechel Mining OAO, which comprises the company’s mining assets, in favor of Sberbank of Russia OAO.
28 February 2014

Mechel's official statement regarding share price decline at Moscow Exchange

12 February 2014

Mechel Reports Successful First Tests of New Coal Export Terminal at Trade Port Posiet

Moscow, Russia – February 12, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports successful tests of the new coal export terminal at Primorye Region’s Port Posiet. Modernization of the port’s facilities will enable the company to significantly increase export to the Asia-Pacific countries. The project’s cost is estimated to total some 4.5 billion rubles.
05 February 2014

Mechel Reports 2013 Operational Results

Moscow, Russia – February 5, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 2013 operational results.
31 December 2013

Mechel Reports Oleg Korzhov’s Appointment as Company’s Chief Executive Officer

Moscow, Russia – December 31, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of the company’s Senior Vice-President for Economics and Management Oleg Korzhov as Mechel OAO’s Chief Executive Officer. This decision was approved by the company’s Board of Directors and is valid starting on January 1, 2014. Evgeny Mikhel, who occupied this post since 2010, left the company by his own wish.
27 December 2013

Mechel Announces Closing Deal on Disposal of Several Ferroalloy Assets

Moscow, Russia — December 27, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces closing the deal for disposal of 100% shares in Voskhod Mining Plant (Khromtau, Kazakhstan) and Tikhvin Ferroalloy Plant (Tikhvin, Leningrad Region, Russia) to Turkey’s YILDIRIM Group for a total of 425 million US dollars.
23 December 2013

Mechel Reports the First Half and Nine Months 2013 Financial Results

20 December 2013

Mechel Reports Signing Agreements with Sberbank for Restructuring Part of Mechel OAO Debt to Sberbank (25.5 bln Rubles)

Moscow, Russia – December 20, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces signing agreements with Sberbank of Russia on restructuring a part of Mechel OAO’s debt to the bank (25.5 billion rubles, approximately 773 million US dollars*). The Group’s obligations to the bank are extended by 5 years, with a grace period until the first quarter of 2015.