Press Releases
20 December 2013

Mechel Announces 2013 First Half and Nine Months Financial Results Conference Call and Internet Broadcast

Moscow, Russia — December 20, 2013 — Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its financial results for the first half ending June 30, 2013, and the nine months ending September 30, 2013 on Monday, December 23, 2013. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Evgeny Mikhel, Chief Executive Officer, will host the call.
09 December 2013

Mechel Agreed on Covenant Holidays with Sberbank

Moscow, Russia – December 09, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching agreement on covenant holidays on bilateral credit lines from Sberbank of Russia amounting to 44.9 billion rubles (approximately 1.36 billion US dollars*) until the end of 2014.
04 December 2013

Mechel Agreed on Covenant Holidays with VTB Bank

Moscow, Russia – December 04, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching agreement on covenant holidays on bilateral credit lines from VTB Bank amounting to USD 1.8 billion until the end of 2014.
03 December 2013

Mechel Announces Finalization of Negotiations on 1-Billion-Dollar Syndicated Loan Agreement with International Lenders

Moscow, Russia – December 03, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching agreement to extend the grace period and maturity of its USD 1 billion syndicated facility to the end of 2014 and 2016 respectively.
28 November 2013

Mechel Receives First Tranche of Financing for Development of Elga Coal Complex from Vnesheconombank

Moscow, Russia – November 28, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that Elgaugol OOO project company has received the 150-million-dollar first tranche of the project financing for Elga Coal Complex’s first stage totalling 2.5 billion US dollars from Vnesheconombank.
25 November 2013

Mechel Agreed on Covenant Holidays on A 1-Billion-Dollar Syndicated Loan

Moscow, Russia – November 25, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching agreement on covenant holidays on its USD 1 billion syndicated facility until the end of 2014.
18 November 2013

Mechel Has Attended Metal Expo’ 2013 Annual Exhibition

Moscow, Russia — November 18, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports its participation in the 19th International Industrial Exhibition Metal-Expo’ 2013, which was held at the All-Russia Exhibition Center in Moscow on November 12-15, 2013.
07 November 2013

Mechel Reports 9M2013 Operational Results

Moscow, Russia – November 7, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M2013 operational results.
29 October 2013

Mechel Reports Selling Stake in Vanino Sea Trade Port OAO

Moscow, Russia – October 29, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the sale of a 28-percent share in Vanino Sea Trade Port OAO’s equity capital.
24 October 2013

Mechel Signs Agreement with Vnesheconombank for First Tranche of Financing for Elga Coal Complex

Komsomolsk-on-Amur, Russia – October 24, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that an agreement between Vnesheconombank and Mechel on allocating the first tranche of the project financing for Elga Coal Complex’s first stage totalling 2.5 billion US dollars, was signed in the presence of the Russian Federation’s Prime Minister Dmitry Medvedev.
16 October 2013

Mechel Reports Decision of Extraordinary Shareholder Meeting

Moscow, Russia — October 16, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that its extraordinary general shareholders’ meeting approved issuing of guarantee by Mechel OAO for performance of Mechel Group sellers’ obligations under the sale-purchase agreement (including but not limited to sellers’ warranties) to the buyer, Yildirim Group. This guarantee is a condition precedent for the deal’s closure.
25 September 2013

Mechel Reports Completing Construction of Grinding-Mixing Complex

Chelyabinsk, Russia — September 25, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces completion of the construction project for a grinding-mixing complex to produce cement.
18 September 2013

Vnesheconombank Supervisory Board Approves Mechel’s Application for Financing Development of Elga Coal Complex’s First Stage

Moscow, Russia — September 18, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that Vnesheconombank’s (VEB) Supervisory Board approved financing totaling 2.5 billion US dollars for the development of Elga Coal Complex (Republic of Sakha (Yakutia))’s first stage.
26 August 2013

Mechel to Aid Flood Victims in Russia’s Amur Region

Moscow, Russia — August 26, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports its decision to offer free aid to flood victims in Russia’s Amur Region.
06 August 2013

Mechel Announces the Beginning of Coal Supplies to China by New Railway Route

Moscow, Russia – August 6, 2013 - Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that it has started supplying coal concentrate to the People's Republic of China by rail through new border checkpoint Makhalino — Hunńhun.
05 August 2013

Mechel Announces Holding Successful Testing of Equipment for Producing Coking Coal Concentrate at Elga Coal Deposit

Moscow, Russia — August 5, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces holding successful tests of equipment producing coking coal concentrate at the Elga coal deposit’s seasonal washing plant (the Republic of Sakha (Yakutia)).
02 August 2013

Mechel Reports 1H2013 Operational Results

Moscow, Russia – August 2, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1H2013 operational results.
01 August 2013

Mechel Announces Disposal of Several Ferroalloy Assets

Moscow, Russia — August 1, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces signing an agreement for disposal of several ferroalloys assets to Turkey’s Yildirim Group.
19 July 2013

Mechel Reports Sale of Invicta Merchant Bar

Moscow, Russia — July 19, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports selling 100% of shares of British-based steel plant Invicta Merchant Bar and its debt to Mechel to privately-owned Helium Miracle 127 LLP for 1.1 million pounds sterling.
16 July 2013

Mechel Announces Launch of Universal Rolling Mill at Chelyabinsk Metallurgical Plant

Chelyabinsk, Russia — July 16, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the launch of the universal rolling mill at Chelyabinsk Metallurgical Plant. Russia’s Prime Minister Dmitry Medvedev launched the mill in an official ceremony. The company’s and the plant’s management and other officials attended the ceremony.