Mechel

Chelyabinsk Metallurgical Plant increases deliveries of beams to Europe

The Chelyabinsk Metallurgical Plant (ChMK, part of Mechel) expanded the range of beam products. The plant has started production of 7 new I-beams for the European market.

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Mechel-Coke modernizes gas discharge on coke battery

Mechel-Coke (part of the Mechel group) has begun the reconstruction of the gas discharge system of coke-oven battery No. 7. New equipment will reduce emissions in the production of coke.

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Mechel reduces its share of loans in US dollars by two times

Since the beginning of the year, Mechel has reduced its share of debt in dollars by two times,the  financial director of the company Nelly Galeeva said during the conference call.

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In 2018, Mechel’s investments to be 6.5-7 bln rubles

In 2018, total investment of Mechel will amount to 6.5-7 billion rubles, the company's general director Oleg Korzhov said at the conference on results of the reporting.

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In the first 9 months, Mechel’s net profit fell by 1%

In January-September 2018, the net profit of Mechel Group decreased by 1% compared to the level of the same period in 2017 to 10.997 billion rubles, it follows from the company's report.

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In the first 9 months, Mechel reduced coal production by 7.8%

In the first 9 months of 2018, Mechel reduced coal production by 7.8% to 14.472 thousand tons, the company reports. In the same period of 2017, the coal production made up 15 694 thousand tons.

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Mechel launches new longwall at the Olzherasskaya-New mine

Representatives of the coal company Yuzhny Kuzbass, working as part of the Mechel Group, has officially announced commissioning of longwall 21-1-11 at the Olzherasskaya-New mine.

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Izhstal increases volume of products

Izhstal (part of Mechel Group) produced 328 thousand tons of steel products in the first nine months of 2018, which is by 3% more than in the same period of the previous year.

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Yakutugol modernizes the equipment of the concentrating factory

Yakutugol (part of Mechel) is putting in operation new equipment at the Neryungrinskaya concentrator. The company acquired a separator and slurry pumps for pumping slurries during coal enrichment.

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