Mechel

Korshunovsky GOK increased production volume in February

In February 2020, Korshunovsky GOK (part of Mechel group) showed an increase in production indicators relative to the same period of the previous y

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Mechel made net profit of 2 billion rubles in 2019

In 2019, the Mechel's revenue amounted to 14.4 billion rubles, which is by 18% more than in 2018.

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Gazprombank sells its stake in Elga: buyer is company of Albert Avdolyan

Gazprombank and A-Property of Albert Avdolyan have agreed to sell 49% of shares of the Elginsky coal project for an amount that significantly excee

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In 2019, Mechel increased its coal production by 2%

Mechel increased coal production by 2% to 18.8 million tonnes in 2019. This was announced by Mechel.

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Mechel's shares are falling against background of reporting and debt restructuring risks

In 2019, Igor Zyuzin's Mechel reduced its net profit by 81% at once to 2.4 billion rubles.

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Izhstal improved production indicators in February

Izhstal plant (part of Mechel) produced almost 28 thousand tons of rolled products in February 2020, which is by 17% more than in the same period o

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Mechel asks for 100 billion rubles for Elga

The mining and metallurgical company Mechel has estimated 51% in the Elginsky coal project in the Republic of Sakha (Yakutia) at 100 billion rubles.

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Korshunovsky GOK made net profit in the amount of almost 6 billion rubles in 2019

In 2019, the net profit of Korshunovsky GOK (part of Mechel) increased 2.5 times and amounted to 5.92 billion rubles.

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In 2019, Bratsk ferroalloy plant increased product sales by 57%

In 2019, Bratsk ferroalloy plant (BZF, part of Mechel group) increased sales of FS75 ferrosilicon by 57% compared to 2018. The volume of the sales amounted to more than 30 thousand tons.

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Izhstal increases production of high-margin products

Izhstal (part of Mechel) increased shipment of high-value-added products in 2019.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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