MOSCOW, Dec. 4, 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 VTB Bank amounting to USD 1.8 billion until the end of 2014. "This agreement once again demonstrates that VTB is one of our most longstanding and [...]
MOSCOW, Dec. 3, 2013 (GLOBE NEWSWIRE) -- 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. The process was coordinated by ING Bank N.V., Societe Generale and VTB [...]
MOSCOW, Nov. 28, 2013 (GLOBE NEWSWIRE) -- 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. Currently [...]
MOSCOW, Nov. 25, 2013 (GLOBE NEWSWIRE) -- 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. The agreement was signed on behalf of a syndicate of leading international banks, including ING Bank N.V., Societe [...]
MOSCOW, Nov. 18, 2013 (GLOBE NEWSWIRE) -- 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. Mechel's corporate booth showcased the products of [...]
MOSCOW, Nov. 7, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces 9M2013 operational results. Production and sales for 9M2013* Production: Product name 9M2013, thousand tonnes 9M2012, thousand tonnes % 3Q2013, thousand tonnes 2Q2013, thousand tonnes...
MOSCOW, Oct. 29, 2013 (GLOBE NEWSWIRE) -- 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. Mechel Group, as represented by Mecheltrans OOO, sold some 28% of the port's equity capital to an outside investor, retaining a minor share [...]
KOMSOMOLSK-ON-AMUR, Russia, Oct. 24, 2013 (GLOBE NEWSWIRE) -- 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 [...]
MOSCOW, Oct. 16, 2013 (GLOBE NEWSWIRE) -- 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 [...]
CHELYABINSK, Russia, Sept. 25, 2013 (GLOBE NEWSWIRE) -- 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. The grinding-mixing complex was built in Chelyabinsk Metallurgical Plant's industrial zone. The complex is a modern [...]
MOSCOW, Sept. 18, 2013 (GLOBE NEWSWIRE) -- 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. The terms of the financing call [...]
MOSCOW, Aug. 26, 2013 (GLOBE NEWSWIRE) -- 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. Following a major flood which destroyed numerous residential homes, private gardens and farms, as well as road, communal and social infrastructure [...]
