Mechel

Korshunovsky GOK increases production 1.6 times against the background of increased ore mining

Irkutsk mining enterprise Korshunovsky GOK (part of Mechel) produced 565 thousand tons of iron ore concentrate in the first quarter of 2019.

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In Q1, Mechel’s net profit grew 3.4 times

In the first quarter of 2019, the net profit of Mechel Group under IAS relating to shareholders increased 3.44 times compared to the level of the same period of the previous year to 11.336 billion

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"Korshunov Mining Plant" increases production by 1.6 times amid increasing ore mining.

The increase in production was affected by an increase in iron ore production and processing of raw materials with high iron content.

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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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