Mechel announces signing of a memorandum with Chinese Shasteel Group about delivery of coking coal

On June 5 Mechel Plc. announced signing of the memorandum with Chinese Shasteel Group about delivery of coking coal.

In compliance with the memorandum the subsidiary Mechel Carbon will supply Shasteel Group with 40,000-80,000 tons of coking coal per month from the Far Eastern ports from June 2013. The price of the coal supplied will be determined on monthly basis.

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