Since the beginning of the year, Korshunovsky mining plant (GOK, a part of Mechel) has installed four magnetic separators at the enrichment plant.
In 2016, the Mechel's net loss under RAS amounted to 7.873 billion rubles, which is more than four times less than in 2015, this follows from the company's accounts.
Its reserves make up 369 thousand tons of coal.
Mechel has launched a new longwall face at the Lenin mine which is in the structure of Yuzhny Kuzbass, the company reports.
Mechel reduced its net loss under RAS by 4 times to 7.87 bln roubles in 2016, is said in the company’s RAS report. The net loss on the results of 2015 made up 31.9 bln roubles.
Southern Kuzbass (part of Mechel Group) upgrades the equipment of the central dressing plant “Siberia”.
Over the past eight years, Izhstal (the metallurgical segment of the Mechel Group, the managing company is Mechel-Steel) for the first time has made the net profit under RAS.
Beloretsk metallurgical plant JSC (in the structure of Mechel) in 2016 made a net profit of 315.5 mln roubles under RAS, which is by 6.6 times lower than in 2015.
On the results of 2016 Chelyabinsk metallurgical plant PJSC (Mechel group) significantly increased its net profit.
Moody"s Investors Service has revoked Mechel’s ratings by the reasons of the agency.
In 2016, Mechel reduced the steel production by 2% to 4.252 million tons, the press centre of the company reports.