Mechel OAO (ADS)

MOSCOW, Sept. 9, 2015 (GLOBE NEWSWIRE) -- 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. Mechel OAO and the group's enterprises – Southern Kuzbass Coal Company OAO, Yakutugol Holding Company OAO and Chelyabinsk Metallurgical Plant PAO – act as borrowers on the loans. The loan [...]

NERYUNGRI, Russia, Sept. 3, 2015 (GLOBE NEWSWIRE) -- 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. The agreement will be in force until August 2018. According to the agreement, Mechel will annually supply JFE Steel up to 1 million tonnes of metallurgical [...]

MOSCOW, Sept. 2, 2015 (GLOBE NEWSWIRE) -- 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. The company intends to offer holders of 13-series bonds (state number 4-13-55005-E issued on August 10, 2010) and 14-series bonds (state number 4-14-55005-E issued on August 10, 2010) to introduce changes in the [...]

MOSCOW, Aug. 31, 2015 (GLOBE NEWSWIRE) -- 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*). The group's enterprises – Beloretsk Metallurgical Plant OAO, Mechel Coke OOO, Chelyabinsk Metallurgical Plant PAO, Urals Stampings [...]

MOSCOW, July 1, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX: MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, announces the decisions of its Annual General Shareholders' Meeting held on June 30, 2015. The following key resolutions were adopted by shareholders at the meeting: To approve the Company's Annual Report for 2014. To approve the Company's Annual Financial Statements inclusive of the [...]

CHELYABINSK, Russia, June 30, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports obtaining a certificate of compliance with the requirements of the Customs Union's Technical Regulations for its rails of up to 100 meters in length. This certificate will enable the company to begin supplying Russian Railways OAO with Chelyabinsk Metallurgical Plant [...]

MOSCOW, June 29, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports supplying rebar, structural shapes and hardware rolls for construction of Power of Siberia and Altai gas pipelines. Mechel's products are used to produce ferroconcrete weights manufactured by Berezovsky Structural Construction Plant for laying major mainline pipelines of national [...]

Revenue amounted to $1.1 billion Consolidated EBITDA(a)* amounted to $211 million Net loss attributable to shareholders of Mechel OAO amounted to $273 million MOSCOW, June 23, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 1Q 2015. Mechel OAO's Chief Executive Officer Oleg Korzhov commented: "In the first quarter of 2015, the group [...]

MOSCOW, June 23, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, announces 1Q2015 operational results. Production and sales for 1Q2015 Production: Product Name 1Q2015, thousand tonnes 1Q2014, thousand tonnes % 1Q2015, thousand tonnes 4Q2014, thousand tonnes % Run-of-Mine Coal 5,506 5,565 -1 5,506 5,617 -2 ...

SINGAPORE, June 9, 2015 (GLOBE NEWSWIRE) -- Mechel ОАО (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, announces signing a memorandum with China's Jidong Cement, one of the world's top ten cement producers. According to the signed memorandum, Mechel is due to supply 1 million tonnes of steam coal produced at Neryungrinsky and Elga open pits to Jidong Cement between April 2015 and March [...]