The financial problems of "Mechel" can cross the Posiet Port modernization in Primorye.

The owner of the stevedore is reviewing the capital expenditure plans.

The market participants expect that "Mechel" due to its difficult financial situation, will have to review the plans for the modernization of the Posiet port in Primorye. The company has once again comented about the reduction of the perviously stated investment plans for 2014, which were previously estimated at $220 million, according to the "Zolotoy Rog".

"In fact we are somewhat lower on the capital investments situation, which is partly due to the fact that we are constantly reviewing the capex plans and trying to optimize the costs associated with this activity. Basically everything that we spend - is the cost of maintenance and payment for the already implemented projects", - Oleg Korzhov stated in a conference call.