Mechel

The Federal Service for Supervision of Natural Resource Usage overrides emissions permit for Mechel-Koks

The Office of the Federal Service for Supervision of Natural Resource Usage in the Chelyabinsk region has canceled the permit for atmospheric pollutions, issued to Mechel-Koksu, because of the syst

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Mechel increases its share in Tomusinsky mine

Litigation disputes between Mechel and minority shareholder of the Tomusinsky open-pit mine Saven Enterprises Ltd, which, as the industry believes, is controlled by ex-co-owner of Sibuglemet and Ur

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Mechel to pay 1.43 bln roubles of dividends by privileged shares

The Board of Directors of Mechel  has recommended the shareholders that they should allocate 1.426 bln roubles out of the accumulated profit of past years for the payment of dividends by privi

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A drilling record is set at Neryungri mine

The DML drilling unit showed the best productivity.

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Mechel’s profit grew by almost 45 times in Q1

Mechel increased its net profit under IAS by 44.6 times in Q1 2017 against Q1 2016, the company reports.
The listing on the MSE reacted by a 4% growth on the news.

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Mechel reduced coal mining but increased steel output

Mechel has summed up the results of production and sales for Q1 2017.

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Mechel’s Board of Directors reduces management from 11 persons to 8

At the meeting on Monday, the Mechel’s Board of Directors decided to reduce the management to 8 from 11 people, it follows from the materials of the company.

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Minority shareholder of Korshunovsky GOK disputes loan guarantees

The completed the restructuring of loans with state-owned banks Igor Zyuzin’s Mechel has faced a potential problem.

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Mechel to give 25% plus 1 share of Mechel-Mining to Gazprombank as a pledge

Mechel will transfer 25% plus one share of Mechel-Mining to Gazprombank as part of the changes in the surety for securing loan agreements, the company informs.

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Yakutugol concludes contract on ourchase of another EKG-18 excavator

Yakutugol (included in Mechel Group) has signed a contract with the Urals machine building plant on supply of a powerful excavator EKG-18.

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