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, 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 [...]
Revenue amounted to $6.4 billion Consolidated EBITDA(a)* amounted to $709 million Net loss attributable to shareholders of Mechel OAO amounted to $4.3 billion MOSCOW, April 28, 2015 (GLOBE NEWSWIRE) -- Mechel OAO (MICEX:MTLR) (NYSE:MTL), a leading Russian mining and steel group, announces financial results for the full year 2014. Mechel OAO's Chief Executive Officer Oleg Korzhov commented on the full year 2014 results [...]
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 ...
