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• Investment complements existing collaboration in development and marketing of environmental solutions for steel industry The Venture Capital unit of Siemens Financial Services and central venture capital organization of Siemens (SFS VC) is investing in LanzaTech, a US-based technology leader in the biological generation of fuels and basic chemicals from industrial waste gases. The Siemens …
Moscow, Russia – May 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2013 operational results. Production: Product Name 1Q2013, thousand tonnes 4Q2012, thousand tonnes % 1Q2013, thousand tonnes 1Q2012, thousand tonnes % Run-of-mine coal 6,406 6,970 -8 6,406 6,413 0 Pig Iron 972 1,054 -8 972 …
Moscow, Russia — May 6, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that successful hot testing was held at the complex of Chelyabinsk Metallurgical Plant’s universal rolling mill. During hot testing, the mill produced its first batch of structural shapes – 25SH1-type bar. This is the …
Moscow, Russia — April 22, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the resolutions of Mechel OAO’s Board of Directors. The Board of Directors of Mechel OAO (the Company) held a meeting on April 19, 2013. The following resolutions were adopted at the meeting: 1. To …
Moscow, Russia — March 28, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces its decision to make an early redemption of its 05 series bonds. On March 27, 2013 Mechel OAO decided on early redemption of its 05 series non-convertible interest-bearing documentary bonds (ID serial numbers 4-05-55005-Е), …
Moscow, Russia — March 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces a new executive appointment. Andrey Kocherov, 39, is appointed Mechel OAO’s Vice-President for Public and Investor Relations. Mechel OAO’s Chief Executive Officer Evgeny Mikhel noted: “We gladly welcome Andrey Kocherov to our company’s team. …
Chelyabinsk, Russia — February 26, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the visit of Chelyabinsk Region’s Governor Mikhail Yurevich to Chelyabinsk Metallurgical Plant. Chelyabinsk Region’s Governor Mikhail Yurevich, First Deputy Governor Sergei Komyakov, Deputy Governor Ivan Feklin, and the regional administration’s Industry and Natural Resources …
Moscow, Russia — January 24, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the resumption of work at several of Mechel Bluestone’s (West Virginia, USA) mining facilities. Mechel Bluestone is part of the Group’s mining division. Due to decreased coal inventories, Mechel decided to resume open-pit mining …
Moscow, Russia – January 14, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports acquiring 55% (73.33% of common shares) of Vanino Sea Trade Port OAO. The acquisition was made in line with the company’s strategy of developing its mining division in a bid to expand its export …
Moscow, Russia – October 29, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M 2012 operational results. Production and sales for 9M 2012 Production: Product name 9M 2012, thousand tonnes 9M 2011, thousand tonnes 9M 2012 vs 9M 2011, % Coal (run-of-mine) 20,794 19,813 +5 Pig iron 3,107 2,672 +16 Steel …