Mechel

Mechel to increase coke supply to Turkey

Mechel signed an agreement on the supply of metallurgical coke with the largest Turkish sugar producer, the company Kayseri Sugar.

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In 2018, Mechel reduced coal mining by 9%

In 2018, Mechel reduced coal production by 9% to 18.813 million tons. Thus, in the fourth quarter of 2018, the coal production again decreased by 9% to 4.341 million tons, the company reported.

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Mechel’s annual profit grows by 9%

Last year, the Mechel’s profit attributable to shareholders under IAS amounted to 12.63 billion rubles, increased in annual terms by 9%, the company reports.

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Chelyabinsk Metallurgical Plant reduces industrial discharges

The Chelyabinsk Metallurgical Plant (ChMK, part of Mechel) implemented an environmental project.

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ChMK increased supplies of stainless rolled metal in 2018

In 2018, Chelyabinsk metallurgical plant (part of Mechel) increased sales of stainless steel sheets by 38%. The volume of the shipped products amounted to 5.7 thousand tons.

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Mechel’s creditors don’t know about possible sale of Elga

The management of the industrial holding company Mechel hasn’t announced to its creditors - Sberbank and VTB Bank - plans to sell the Elgin coal deposit in Yakutia.

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Chelyabinsk Metallurgical Plant's stainless steel recommended for nuclear industry

The Chelyabinsk Metallurgical Plant (part of Mechel) successfully passed an audit of Rosatom and was included in the base of suppliers of stainless steel sheet metal of the atomic state corporation

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Mechel may lose the largest investment project because of debts

The Mining and metallurgical company Mechel can part with its largest investment project - Elga - this year to pay off its debts after 2020, the Vedomosti newspaper writes, citing five sources clos

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Yakutugol's open-cut increase stripping in 2018

The open-cuts of the Yakutugol Holding Company (part of Mechel) increased stripping work rates in 2018.

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Izhstal increases deliveries to machine builders by 22%

The Izhstal plant (part of Mechel) delivered more than 63 thousand tons of metal products to domestic engineering enterprises in 2018, which is 22% higher than the 2017 supply volume.

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