Tag «Mechel»

Mechel Announces Disposal of Toplofikatsia Rousse EAD

Moscow, Russia — December 18, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria). Mechel OAO announces that it has signed an agreement for the disposal of 100% of Toplofikatsia Rousse EAD to Toplofikatsia …

Mechel Secures Restructuring of a 1-Billion-Dollar Syndicated Loan

Moscow, Russia – December 05, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces signing an amendment and restatement agreement in relation to a syndicated pre-export loan totalling 1 billion US dollars in order to further improve the liquidity of the company. The amendment and restatement agreement on …

Mechel Reports Temporary Suspension of Steelmaking Facilities in Romania and Ukraine

Moscow, Russia – November 23, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports temporary halting of production facilities at Donetsk Electrometallurgical Plant (DEMZ), which is part of Mechel’s steel division, and the schedule for temporary suspension of production at the group’s Romanian steelmaking facilities that are part …

Mechel Announces Signing Contracts on Supplies of Extra-size Tires with Japan’s Marubeni Corporation

Moscow, Russia — November 20, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the signing of five-year contracts for supplies of extra-size Bridgestone tires with Japan’s Marubeni Corporation during the 10th session of the Russia-Japan Inter-Government Commission on Trade and Economic Issues in Tokyo, Japan.  On the …

Mechel Reports 9M 2012 Operational Results

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 …

Mechel Announces Obtaining 24-Billion-Ruble Loan

Moscow, Russia – October 15, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports signing long-term agreements with Sberbank of Russia OAO on opening several credit lines to Southern Kuzbass Coal Company OAO for a total of 24 billion rubles. Sberbank of Russia OAO opened four credit lines …

Mechel Wins Award for Developing Elga Coal Deposit

Moscow, Russia – October 12, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that its subsidiary Mechel Mining OAO won the Minex-2012 Mining Excellence Award’s Investor of the Year nomination for implementing the project on development of the Elga coal deposit. The award committee’s independent experts evaluated …

Mechel Announces Signing Cooperation Agreement with Russia’s Economic Development Ministry

 Moscow, Russia – October 12, 2012 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports signing an agreement with the Russian Federation’s Economic Development Ministry for cooperation aimed at support and development of the Group’s external economic operations. Within this agreement’s framework, the Economic Development Ministry will lend its …