Consolidated revenue – 77.4 bln rubles, EBITDA* - 22.8 bln rubles Net profit, attributable to equity shareholders of Mechel PAO – 13.9 bln rubles MOSCOW, May 31, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 1Q 2017. Mechel PAO’s Chief Executive Officer Oleg Korzhov commented: “In the first quarter of 2017 [...]
MOSCOW, May 31, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, announces 1Q2017 operational results. Production and sales for 1Q2017 Production: Product Name 1Q2017, thousand tonnes 1Q2016, thousand tonnes % 1Q2017, thousand tonnes 4Q2016, thousand tonnes % Run-of-mine coal 5,074 5,663 -10 5,074 5,596 -9 ...
MOSCOW, May 25, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX: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 quarter period ending March 31, 2017, on Wednesday, May 31, 2017. In conjunction with these releases, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet [...]
Consolidated revenue – 276.0 bln rubles, EBITDA* - 66.2 bln rubles Net profit, attributable to shareholders of Mechel PAO – 7.1 bln rubles MOSCOW, April 26, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), a leading Russian mining and steel group, announces financial results for the full year 2016. Mechel PAO’s Chief Executive Officer Oleg Korzhov commented on the 2016 results: “Last [...]
MOSCOW, April 24, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MICEX:MTLR) (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, 2016, on Wednesday, April 26, 2017. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov [...]
MOSCOW, April 17, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports that the Expert Council of Russia’s Industry and Trade Ministry’s Industrial Development Fund approved a loan for Mechel’s Chelyabinsk Metallurgical Plant (ChMK PAO) to implement a project for production of rails, beams and other structural rolls meant for export [...]
Mechel PAO, one of the leading Russian mining and metals companies, reports that its cooperation agreement with Baosteel Resources which is part of China Baowu Steel, China’s largest steelmaking group, has been prolonged. Effective April 2017 and until March 2018, Mechel will supply Baosteel Resources’ facilities with up to 960,000 tonnes of premium-grade coking coal mined in Southern Yakutia. Coal will be [...]
MOSCOW, April 03, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports that Trade Port Posiet AO (managed by Mecheltrans Management Company OOO) was acknowledged by Russia’s Federal Sea and River Transport Agency and Russia’s Sea Trade Port Association (ASOP) as Russia’s Best Stevedore Company based on 2016 results. In the Industry [...]
MOSCOW, March 21, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports the launch of new mining equipment at Yakutugol Holding Company AO’s Neryungrinsky Open Pit. Investment into acquisition of two open-pit excavators totaled 1.2 billion rubles. The company began exploiting a heavy-duty EKG-18 open-pit excavator with a 18-cubic-meter bucket [...]
MOSCOW, March 16, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports that Chelyabinsk Metallurgical Plant’s universal rolling mill won the Best Import Substitution Project nomination at the Russian Union of Industrialists and Entrepreneurs (RSPP)’ contest. The winners of the Russian Business Leaders: Dynamics and Responsibility 2016 [...]
Mechel, one of the leading Russian mining and metals companies, reports launching a new longwall at V.I. Lenina Underground Mine which is part of Southern Kuzbass Coal Company. V.I. Lenina Underground launched Longwall 0-5-2-13, whose industrial coal reserves are estimated at 369,000 tonnes of valuable coking coal grades. The longwall is 120 meters long, the extraction panel is 630 meters. Its coal will be supplied to [...]
NERYUNGRI, Russia, March 09, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports launching open coal mining at Dzhebariki-Khaya open pit in Yakutia. The deposit is worked by Yakutugol Holding Company AO, which is part of Mechel Group. The facility has been implementing the program of shifting to open coal mining for several years in joint effort with [...]
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