Mechel OAO (ADS)

MOSCOW, June 30, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that its Annual General Shareholders' Meeting was held today. The following key resolutions were adopted by shareholders at the meeting: To pay no dividends on ordinary shares. To pay a dividend of 0.05 rubles per one preferred share. The payment is due to be made by bank transfer over the [...]

MOSCOW, June 17, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports consolidating shipments of the Group's products within its subsidiary Mecheltrans. This will enable the company to cut overall transport costs, improve the logistics of shipments both by its own and outsourced wagons. This will create additional opportunities for increasing revenue from product [...]

MOSCOW, June 10, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports that Russia's Minister for Development of the Far East Alexander Galushka visited the company's production facilities on the territory of Russia's Far East Federal Region as part of his work tour of the Far East ports and infrastructure objects. During his visit to the company's facilities [...]

MOSCOW, May 23, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces its Board's dividend recommendation. On May 23, 2014, Mechel's Board of Directors held a meeting confirming recommendations to the annual general shareholders' meeting regarding the payment of dividend based upon the results of the 2013 fiscal year: the Board recommended not to pay an annual [...]

MOSCOW, May 19, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces the appointment of Andrey Slivchenko as the new Chief Financial Officer of Mechel OAO, replacing Stanislav Ploschenko. "In his seven years in our Group, Stanislav Ploschenko proved himself as a true professional, capable of making well-considered, occasionally unorthodox decisions. We highly [...]

MOSCOW, May 16, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2013 with the U.S. Securities and Exchange Commission. The report is available at the following link: http://www.sec.gov/Archives/edgar/data/1302362/000119312514201166/0001193125-14-201166-index.htm [...]

Revenue amounted to $8.6 billion Consolidated adjusted EBITDA amounted to $730 million Net loss attributable to shareholders of Mechel OAO amounted to $2.9 billion MOSCOW, May 15, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), a leading Russian mining and steel group, today announced financial results for the full year 2013. Oleg Korzhov, Mechel OAO's Chief Executive Officer, commented on the 2013 results: "In the [...]

MOSCOW, May 14, 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 full year period ending December 31, 2013, on Thursday, May 15, 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, May 13, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces 1Q2014 operational results. Production and sales for 1Q2104 Production: ...

MOSCOW, April 29, 2014 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports the temporary halting of mining at Mechel Bluestone (West Virginia, USA), which is part of the Group's mining division. Due to unfavorable market conditions, mining operations was temporarily halted at all of Mechel Bluestone's mines and open pits. Some of the company's washing facilities will [...]