Press Releases
05 August 2014 | Mechel Reports 1H2014 Operational ResultsMoscow, Russia – August 5, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1H2014 operational results. |
31 July 2014 | Mechel Reports Supplying Ulak-Elga Railway with Chelyabinsk Metallurgical Plant’s RailsChelyabinsk – July 31, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports supplying a batch of R65 rails produced by Chelyabinsk Metallurgical Plant for expanding the carrying capacity of its 321-kilometer Ulak-Elga railway which provides railway access to the Elga coking coal deposit. |
29 July 2014 | Mechel Reports Obtaining SGS Certificate for Elga Deposit’s Coking CoalMoscow, Russia – July 29, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that the leading inspection, verification, testing and certification company SGS confirmed the high quality of the Elga deposit’s coking coal. |
28 July 2014 | Mechel, GS Global Sign Agreement for Annual Supply of 2.8 Million Tonnes of CoalSingapore — July 28, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports signing a cooperation memorandum with South Korea’s GS Global corporation, which provides for supplies of up to 2.8 million tonnes of steam coal. |
22 July 2014 | Mechel Reports Record Results for Coal Supplies to Asia PacificMoscow, Russia — July 22, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports reaching record results in supplying coal to Asia Pacific in the first half of this year. |
21 July 2014 | Mechel Reports Shipping Rail Batch for Russian Railways CertificationChelyabinsk, Russia – July 21, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the beginning of the certification process for its 100-meter rails intended for general use, produced at Chelyabinsk Metallurgical Plant’s universal rolling mill. |
17 July 2014 | Mechel Reports Reorganizing The CompanyMoscow, Russia — July 17, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports liquidating the Group’s ferroalloy division due to successful asset sales as part of the company’s strategy. |
15 July 2014 | Mechel Reports Signing Deals with VTB on Refinancing Part of Mechel’s Debt
Moscow, Russia – July 15, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports extending the maturity of the loans granted by VTB Bank earlier to Southern Kuzbass Coal Company OAO and Yakutugol Holding Company OAO, totaling 15.8 billion rubles. |
30 June 2014 | Mechel Announces Results of Its Annual General Shareholders’ Meeting
Moscow, Russia — June 30, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its Annual General Shareholders’ Meeting was held today. |
17 June 2014 | Mechel Reports Consolidation of Group’s Shipping within Mecheltrans OOOMoscow, Russia — June 17, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports consolidating shipments of the Group’s products within its subsidiary Mecheltrans. This will enable the company to cut overall transport costs, improve the logistics of shipments both by its own and outsourced wagons. This will create additional opportunities for increasing revenue from product sales for the Group’s enterprises. |
10 June 2014 | Mechel Reports Visit of Russia’s Minister for Development of Far East to Mechel Facilities in Far East Federal RegionMoscow, Russia — June 10, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that Russia’s Minister for Development of the Far East Alexander Galushka visited the company’s production facilities on the territory of Russia’s Far East Federal Region as part of his work tour of the Far East ports and infrastructure objects. |
23 May 2014 | Mechel Reports Board of Directors’ DecisionMoscow, Russia – May 23, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces its Board’s dividend recommendation. |
19 May 2014 | Mechel Announces Change in ManagementMoscow, Russia — May 19, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of Andrey Slivchenko as the new Chief Financial Officer of Mechel OAO, replacing Stanislav Ploschenko. |
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 ResultsRevenue 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 BroadcastMoscow, 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 ResultsMoscow, 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 BluestoneMoscow, 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 TransContainerMoscow, 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 TonnesShanghai, 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. |