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MOSCOW, April 21, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports signing a four-year contract on locomotive maintenance works between Mecheltrans-East OOO and Sinara Transport Machines OAO (STM). The contract was signed on the sidelines of the 20th International Exhibition for ...

MOSCOW, April 7, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports signing a new agreement with Russian Railways OAO's Center of Corporate Transportation Services, including organization of cargo train traffic by reserved routes with fixed arrival and departure times. The agreement is valid from April 1, 2015 till December 31, 2015. Russian [...]

MOSCOW, April 2, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, reports extending maturity of credit lines granted by Raiffeisenbank AO, totaling 30 million US dollars. Mechel's subsidiary Yakutugol Holding Company OAO signed an agreement with Raiffeisenbank AO for extending the maturity of active credit lines totaling 30 million US dollars until [...]

Mechel OAO, one of the leading Russian mining and metals companies, reports having received a nominee's diploma for employee development in the national "Russian Business Leaders: Dynamics and Responsibility 2014" contest. The annual contest is held by the Russian Union of Industrialists and Entrepreneurs (RSPP) among the country's major companies. The award ceremony was held within the framework of Russian Business Week [...]

MOSCOW, March 3, 2015 (GLOBE NEWSWIRE) -- 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. On October [...]

MOSCOW, Feb. 18, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, has closed a deal on the disposal of Mechel Bluestone, Inc. (Delaware, USA), including its mining operations, to a company owned by the Justice family. The deal includes: an immediate cash payment of $5 million royalty payments on coal mined and sold in an amount of $3.00 per ton [...]

MOSCOW, Feb. 11, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports that Chelyabinsk Metallurgical Plant won the status of a potential rail supplier to Germany's railway operator Deutsche Bahn AG, following a production audit. As part of the work visit, Deutsche Bahn AG experts toured the oxygen converter workshop, universal rolling mill and the rolling [...]

MOSCOW, Jan. 15, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports extending the maturity of its credit lines from Credit Bank of Moscow totaling 105 million US dollars. Mechel Group's enterprise — Mechel Service OOO — signed an agreement with Credit Bank of Moscow for extending the maturity of our existing credit lines totaling 105 million US [...]

MOSCOW, Jan. 14, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces signing a memorandum of understanding with China's steelmaking major Baosteel Resources corporation, which provides for an increase of coal supplies to 1.4 million tonnes of coking coal a year. According to the memorandum, Mechel will supply Baosteel Resources with up to 1.4 million tonnes [...]

MOSCOW, Dec. 26, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports that Trade Port Posiet's annual cargo volume has reached 5 million tonnes of coal products by December 25. This is the best result in the port's history. The shipment including the 5-millionth tonne of coal was expedited to People's Republic of China. This record was made possible by the [...]