Press Releases
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.
08 July 2013

Mechel Announces Closure of Deal on Disposal of Toplofikatsia Rousse EAD

Moscow, Russia — July 8, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the closure of the deal on disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria).
08 July 2013

Mechel Announces Changes in Management of Group’s Mining Division

Moscow, Russia — July 8, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the appointment of the new Chief Executive Officer of Mechel Mining Management Company OOO.
05 July 2013

Mechel Presents New Class of Steel for Russian Helicopters

Moscow, Russia — July 5, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that the Group's Chelyabinsk Metallurgical Plant fulfilled the order for a new class of steel for helicopter-making. The order was placed by the Russian Helicopters holding.
28 June 2013

Mechel Announces Results of Its Annual General Shareholders’ Meeting

Moscow, Russia — June 28, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its Annual General Shareholders’ Meeting was held on June 28, 2012.
24 June 2013

Mechel Reports Review of Subsoil License Conditions for Elga Deposit

Moscow, Russia — June 24, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the Federal Subsoil Resources Management Agency approved the revised schedule for the works under the subsoil license agreement for development of the Elga coal deposit.

18 June 2013

Mechel Reports The 1Q 2013 Financial Results

Revenue amounted to $2.5 billion

Consolidated adjusted EBITDA amounted to $210 million

Net loss attributable to shareholders of Mechel OAO amounted to $321 million

Moscow, Russia – June 18, 2013 – Mechel OAO (NYSE: MTL), a leading Russian mining and steel group, today announced financial results for the 1Q 2013.
18 June 2013

Mechel Announces Buyback Program

Moscow, Russia — June 18, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the decision of the company’s Board of Directors to authorize the buy back of up to $100 million of ADRs representing Mechel OAO’s common shares.

14 June 2013

Mechel Announces 2013 First Quarter Financial Results Conference Call and Internet Broadcast

Moscow, Russia — June 14, 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 quarter period ending March 31, 2013, on Tuesday, June 18, 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.
13 June 2013

Mechel Reports Successful Sample Production of Rail Rolls at Chelyabinsk Metallurgical Plant’s Universal Rolling Mill

Moscow, Russia — June 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that hot testing of rail rolls production at Chelyabinsk Metallurgical Plant’s universal rolling mill has begun.
10 June 2013

Mechel and Belaz Create Joint Venture ElgaBelAvto

Moscow, Russia — June 10, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, and BelAZ OAO announce signing an agreement to create a joint Russo-Belarusian venture ElgaBelAvto OAO for technical maintenance and repairs of BelAZ mining dump trucks in the Republic of Sakha (Yakutia).