Press Releases
03 February 2016

Mechel Reports Receipt of NYSE Notification

Moscow, Russia – February 3, 2016 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports receiving notice from the New York Stock Exchange (NYSE) that Mechel OAO’s American Depositary Receipts (ADRs) are compliant with the listing’s standards requiring that an ADR’s average closing price over 30 consecutive trading days must not be lower than 1 US dollar.
28 January 2016

Mechel Reports Creating Special Committee of Board of Directors

Moscow, Russia – January 28, 2016 – The Board of Directors of Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, decided to create a Special Committee of the Board as part of efforts aimed at restructuring Mechel OAO’s debt portfolio.
29 December 2015

Mechel Announces ADR-to-Share Ratio Change

Moscow, Russia — December 29, 2015 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces a ratio change to its NYSE-listed American Depositary Receipt (“ADR”) program from the current one (1) ADR per one (1) ordinary share to one (1) ADR per two (2) ordinary shares.
23 December 2015

Mechel Reports Management Change

Moscow, Russia – December 23, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports the appointment of Natalia Trubkina as the company’s human resources director. Prior to her appointment, she headed the human resources department of the Group’s steel division.
16 December 2015

Mechel Reports the 9M 2015 Financial Results

Revenue amounted to $3.3 billion

Consolidated EBITDA(a) amounted to $ 587 million

Net loss attributable to shareholders of Mechel OAO amounted to $1.0 billion
16 December 2015

Mechel Reports 9M2015 Operational Results

Moscow, Russia – December 16, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M2015 operational results.
14 December 2015

Mechel Announces 2015 Nine Months Financial Results Conference Call and Internet Broadcast

Moscow, Russia — December 14, 2015 — Mechel OAO (MICEX: 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 nine months period ending September 30, 2015, on Wednesday, December 16, 2015. 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.
01 December 2015

Mechel Reports Management Change

Moscow, Russia – December 01, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports the appointment of Andrey Ponomarev as Chief Executive Officer of Mechel-Steel Management Company OOO. He will replace Vladimir Tytsky who left the company due to retirement.
12 October 2015

Mechel Reports Launch of the New Long Wall Face
at Olzherasskaya-Novaya Mine

Mezhdurechensk, Russia – October 12, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces launching a new long wall face at its Southern Kuzbass OAO coal mining subsidiary’s Olzherasskaya-Novaya Mine.
18 September 2015

Mechel Reports Restructuring Public Debt on 13 and 14-Series Bonds

Moscow, Russia – September 18, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces the decisions made at the general meetings of 13 and 14-series bondholders regarding changes to the current repayment schedule and the interest rate for the future periods.
18 September 2015

Mechel Reports Receipt of NYSE Notification

Moscow, Russia – September 18, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports receiving notice from the New York Stock Exchange (NYSE) that Mechel OAO’s American Depositary Receipts (ADRs) are no longer compliant with the listing’s standards requiring that an ADR’s average closing price over 30 consecutive trading days must not be lower than 1 US dollar.
15 September 2015

Mechel Reports Restructuring Credit Lines from Eurasian Development Bank

Moscow, Russia – September 15, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports signing an amicable settlement as part of the lawsuit brought by Eurasian Development Bank against Yakutugol Holding Company OAO. The settlement agreement provides for a restructuring of credit lines that had been granted by Eurasian Development Bank.
11 September 2015

Mechel Reports the 1H 2015 Financial Results

Revenue amounted to $2.3 billion

Consolidated EBITDA(a) amounted to $390 million

Net loss attributable to shareholders of Mechel OAO amounted to $239 million
11 September 2015

Mechel Reports 1H2015 Operational Results

10 September 2015

Mechel Announces the 1H 2015 Financial Results Conference Call and Internet Broadcast

Moscow, Russia — September 10, 2015 — Mechel OAO (MICEX: 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 six months period ending June 30, 2015, on Friday, September 11, 2015. 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.
09 September 2015

Mechel Reports Restructuring Loan with VTB

Moscow, Russia – September 09, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports restructuring its loan with VTB Bank totaling approximately 70 billion rubles.
03 September 2015

Mechel Reports Signing Long-Term Deal with Japan’s JFE Steel Corporation

Neryungri, Russia – September 03, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports signing a three-year agreement for coal supplies with Japan’s JFE Steel corporation, a major Asian steel mill.
02 September 2015

Mechel Intends to Hold Bonds Restructuring

Moscow, Russia – September 02, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports its intention to restructure Mechel OAO’s 13 and 14 series bonds.
31 August 2015

Mechel Reports Restructuring Loan with Gazprombank

Moscow, Russia – August 31, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), leading Russian mining and metals company, reports signing agreements on restructuring its loan with Gazprombank (AO) totaling 1.4 billion US dollars and 33.7 billion rubles (approx. 507 million US dollars*).
27 July 2015

Mechel Reports New Management Board Appointment

Moscow, Russia – July 27, 2015 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports its Board of Directors’ decision to make a new appointment to Mechel OAO’s Management Board.