Revenue amounted to $5.0 billion Consolidated EBITDA(a)* amounted to $470 million Net loss attributable to shareholders of Mechel OAO amounted to $1.2 billion MOSCOW, Dec. 9, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 9M 2014. Mechel OAO's Chief Executive Officer Oleg Korzhov commented on the 9M 2014 results: "This year the company [...]
MOSCOW, Dec. 5, 2014 (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 nine months period ending September 30, 2014, on Tuesday, December 9, 2014. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive [...]
MOSCOW, Nov. 26, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports extending the maturity of its loans from Uralsib Bank, which have earlier been given to Beloretsk Metallurgical Plant OAO and Urals Stampings Plant OAO. Mechel Group's enterprises — Beloretsk Metallurgical Plant OAO and Urals Stampings Plant OAO — signed agreements with Uralsib Bank [...]
MOSCOW, Nov. 14, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports its participation in the anniversary, 20th International Industrial Exhibition Metal-Expo' 2014, which was held at the All-Russia Exhibition Center in Moscow on November 11-14, 2014. Over 750 companies from 35 countries took part in the expo. The exhibition welcomed over 30,000 visitors from [...]
ELGA, Russia, Nov. 13, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports that works on bringing Elga Coal Complex's seasonal washing plant into an all-year mode have been completed. Starting in November this year, the plant has reached an annual capacity of 2.7 million tonnes of run-of-mine coal (2.3 million tonnes of end product). This transfer of the washing [...]
MOSCOW, Nov. 6, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (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 no longer 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. According to NYSE [...]
MOSCOW, Nov. 6, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces 9M2014 operational results. Production and sales for 9M2014 Production: Product Name 9M2014, thousand tonnes 9M2013, thousand tonnes % 3Q2014, thousand tonnes ...
Revenue amounted to $3.4 billion Consolidated EBITDA(a)* amounted to $250 million Net loss attributable to shareholders of Mechel OAO amounted to $648 million MOSCOW, Oct. 14, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 1H 2014. Mechel OAO's Chief Executive Officer Oleg Korzhov commented on the 1H2014 financial results: "We are currently [...]
MOSCOW, Oct. 13, 2014 (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 six month period ending June 30, 2014, on Tuesday, October 14, 2014. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive [...]
CHELYABINSK, Russia, Aug. 28, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports that independent lab tests of rails produced at Chelyabinsk Metallurgical Plant confirmed their high quality and compliance with the most exacting international standards. A batch of rails, of type R65 category DT350, produced at Chelyabinsk Metallurgical Plant for certification [...]
MOSCOW, Aug. 19, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces the election of new members to the Mechel OAO Management Board, the Company's elected collegial executive body. The election of new members to the Mechel OAO Management Board was approved by the Mechel OAO Board of Directors on August 19, 2014. The following individuals were elected to be [...]
Mechel OAO, one of the leading Russian mining and metals companies, reports that Alexey Ivanushkin was appointed First Deputy Chief Executive Officer. Alexey Ivanushkin will be in charge of Mechel's strategic development issues, optimizing the company's structure and disposal of non-core assets. "Alexey Ivanushkin is a highly qualified manager who has been with the company since its founding. With him at the helm [...]
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