MOSCOW, April 1, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces a new executive appointment. Valery Sheverdin, 50, is appointed Mechel OAO's Vice-President for Corporate Security. "In the seven years that Valery has been working in our company, he has proved himself an excellent [...]
MOSCOW, March 21, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports that its subsidiary Mechel Somani Carbon Private Limited launched a screening facility at coal terminal in Vishakhapatnam on India's east coast. This will greatly expand Mechel's capacity for marketing coal on the [...]
MOSCOW, March 14, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that project company Elgaugol OOO, which is part of Mechel Group, and State Corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)" signed agreements for the second and third credit lines of [...]
MOSCOW, March 12, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports that its extraordinary general shareholders' meeting approved the pledge of a blocking minority stake of common shares in Mechel Mining OAO, which comprises the company's mining assets, in favor of Sberbank of Russia [...]
MOSCOW, Feb. 12, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports successful tests of the new coal export terminal at Primorye Region's Port Posiet. Modernization of the port's facilities will enable the company to significantly increase export to the Asia-Pacific countries. The [...]
MOSCOW, Feb. 5, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces 2013 operational results. Production and sales for 2013* Production: Product name 2013, thousand tonnes 2012, thousand tonnes % 4Q2013, thousand tonnes ...
MOSCOW, Dec. 31, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces the appointment of the company's Senior Vice-President for Economics and Management Oleg Korzhov as Mechel OAO's Chief Executive Officer. This decision was approved by the company's Board of Directors and is valid [...]
MOSCOW, Dec. 27, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces closing the deal for disposal of 100% shares in Voskhod Mining Plant (Khromtau, Kazakhstan) and Tikhvin Ferroalloy Plant (Tikhvin, Leningrad Region, Russia) to Turkey's YILDIRIM Group for a total of 425 million US [...]
Revenue in 9M2013 amounted to $6.7 billion Consolidated adjusted EBITDA in 9M2013 amounted to $608 million Net loss attributable to shareholders of Mechel OAO in 9M2013 amounted to $2.2 billion MOSCOW, Dec. 23, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), a leading Russian mining and steel group, today announced financial results for the 1H and [...]
MOSCOW, Dec. 20, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces signing agreements with Sberbank of Russia on restructuring a part of Mechel OAO's debt to the bank (25.5 billion rubles, approximately 773 million US dollars*). The Group's obligations to the bank are extended by 5 [...]
MOSCOW, Dec. 20, 2013 (GLOBE NEWSWIRE) -- 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 [...]
MOSCOW, Dec. 9, 2013 (GLOBE NEWSWIRE) -- 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. "We are grateful for Sberbank's [...]
