Mechel

Chelyabinsk Metallurgical Plant manufactures reinforcing bars for construction of thermal power plant in Tatarstan

The Chelyabinsk Metallurgical Plant (ChMK, part of Mechel) manufactured 750 tons of reinforcing bars for the construction of a new gas turbine power plant in Tatarstan.

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Mechel may pay dividends for 2018 in the amount of 18.21 rubles per preferred share

The Board of Directors of Mechel recommended that shareholders pay dividends on preferred shares in the amount of 18.21 rubles per share; dividends on ordinary shares should not be paid.

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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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