Steel Archive

Steel: a positive Made in Steel despite the difficulties of the steel industry

More exhibitors and sales for the event “Great satisfaction”. This mood accompanied the fifth Made in Steel, the conference and exhibition of the Italian steel industry, which was held on April 3-5 for the first time in the halls of fieramilanocity. This was explained by Emanuele Morandi, managing director of the company with the same

Mechel Reports Delivery of First Cargo of Quartzites from Uvatsk Deposit

Moscow, Russia — April 11, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the launch of constant operation at the Uvatsk quartzite deposit and delivery of the first batch of raw materials from the deposit to Bratsk Ferroalloy Plant OOO. Approximately 680 tonnes of quartzite mined at

PCM Group announces acquisition of RAIL.ONE GmbH

Siliguri, 8th April – PCM Group of Industries today is proud to announce that it has acquired RAIL.ONE GmbH, a 118 years old German company the pioneer international conglomerate of concrete railroad sleepers and systems provider for railway track, high-speed lines, urban transit and heavy-duty railroads. It has facilities and state of the art plants

Mechel Receives Lenders’ Approval on Waivers and Amendments to Credit Facilities

Moscow, Russia – April 4, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching an agreement with an international syndicate of lender banks on getting approval for waivers and amendments to certain major credit facilities. Mechel’s talks with over 25 leading international and Russian banks regarding some

Index of Eight Core Industries (Base: 2004-05=100), February 2013

The   Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP).  The combined Index was 144.4 in February 2013 with a growth rate of (-) 2.5% compared to their 7.7% growth in February 2012.  The decline in  growth in February,2013 was on account of negative growth witnessed in Electricity generation and

Mechel OAO Announces Early Redemption of Bonds at Total Sum of 5 Billion Rubles

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),

Mechel Announces Management Changes

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.

Chairman of Mechel OAO Board of Directors Attends Republic of Korea Presidential Inauguration

Moscow, Russia — February 27, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that Chairman of Mechel OAO’s Board of Directors Igor Zyuzin visited the Republic of Korea and attended the inauguration ceremony for the Republic of Korea’s President Park Geun-hye. By invitation of the Republic of

Mechel Reports Chelyabinsk Governor’s Visit to Chelyabinsk Metallurgical Plant

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

Mechel Reports Resumption of Mining at Mechel Bluestone Mining Facilities

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