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 production facility for cement and blast-furnace slag cement. Its annual [...]
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 for Vnesheconombank's funds to be used to complete the first phase of the [...]
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, Mechel will send to the affected populace 10,000 tonnes of coal (142 [...]
MOSCOW, Russia, Aug. 20, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces signing an agreement for the disposal of Donetsk Electrometallurgical Plant AO. Mechel announces signing an agreement with businessman Vadim Varshavsky for the disposal of 100% shares of Daveze Limited, which in its turn owns 100% shares of Donetsk Electrometallurgical Plant, for a [...]
MOSCOW, Aug. 6, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces that it has started supplying coal concentrate to the People's Republic of China by rail through new border checkpoint Makhalino — Hunchun. The first cargo train was dispatched in early August along the international transport corridor linking the south of Russia's Primorye Region with [...]
MOSCOW, Aug. 5, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces holding successful tests of equipment producing coking coal concentrate at the Elga coal deposit's seasonal washing plant (the Republic of Sakha (Yakutia)). Adjusting and start-up procedures for the equipment for producing coking coal concentrate at Elga seasonal washing plant were completed [...]
MOSCOW, Aug. 2, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces 1H2013 operational results. Production and sales for 1H2013 Production: Product name ...
MOSCOW, Aug. 1, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces signing an agreement for disposal of several ferroalloys assets to Turkey's Yildirim Group. ...
MOSCOW, July 19, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, reports selling 100% of shares of British-based steel plant Invicta Merchant Bar and its debt to Mechel to privately-owned Helium Miracle 127 LLP for 1.1 million pounds sterling. Invicta Merchant Bar is a steel plant producing round, square and strip long rolls of various steels, located on Britain's [...]
CHELYABINSK, Russia, July 16, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces the launch of the universal rolling mill at Chelyabinsk Metallurgical Plant. Russia's Prime Minister Dmitry Medvedev launched the mill in an official ceremony. The company's and the plant's management and other officials attended the ceremony. The universal rolling mill is [...]
MOSCOW, July 8, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces the closure of the deal on disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria). According to the sale&purchase agreement, signed in December 2012, 100% of Toplofikatsia Rousse EAD's shares were sold to Toplofikatsia Pleven, a privately-held Bulgarian power [...]
MOSCOW, July 8, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the leading Russian mining and metals companies, announces the appointment of the new Chief Executive Officer of Mechel Mining Management Company OOO. Pavel Shtark, 43, who was appointed the new Chief Executive Officer of Mechel Mining Management Company OOO, replaces Boris Nikishichev, who is leaving the company due to retirement. Pavel Shtark has [...]