Mechel

Mechel predicts growth in coal production to 23-23.5 mln tons in 2018

Mechel has predicts an increase in coal production in 2018 to 23-23.5 million tons, general director of Mechel Oleg Korzhov said during a telephone conference of the company.

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In Q3, Mechel increased coal mining to 5.4 mln tons

In the third quarter of 2017, Mechel increased its coal production by 2% to 5.363 million tons, the company reports.

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The share market opens with an increase in RTS by 0.4% and a decrease in the MICEX by 0.01%.

On Monday the Russian stock market opened on a multi-polar blue chip price dynamics amid a decrease in global stock exchanges, the weakening of the rouble and oil on Friday; the MICEX and RTS index

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Chelyabinsk metallurgical plant supplies rails to Kazakhstan

Chelyabinsk metallurgical plant (part of Mechel) has started deliveries of rail products for the largest operator of Kazakhstan's main railway network.

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Mechel concludes long-term contract on coal supply with Japanese Itochu Corporation

The Russian mining and metallurgical company Mechel has signed a framework agreement with one of the largest universal trading companies in Japan - Itochu Corporation.

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Mechel signs a long-term contract for the supply of coal from the Japanese ITOCHU Corporation.

In accordance with the agreement, within a year Mechel will send "Itochu Corporation" up to 300 thousand tons of enriched steam coal from the "Olzherasskaya-Novaya" mine to the

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In the first 9 months, Mechel’s net loss under RAS doubled

In the nine months of 2017, the net loss of the public company Mechel under RAS increased two times compared to the same period in 2016 to 11.7 billion rubles, the company stated in its report.

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VTB trades for the debt of Mechel.

VTB trades for Mechel's debt with creditors, requiring $ 461 million from the company in court.

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Izhstal increases supplies to Belarus

Izhstal (part of the Mechel Group) has shipped about 10 thousand tons of metal products to large industrial enterprises of Belarus over the first 9 months of this year, which is by 10% more than in

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In the first 9 months, Korshunovsky GOK increased its net profit 2.6 times due to growth in sale price

In January-September 2017, Korshunovsky GOK (Irkutsk region, part of the Mechel Group) increased its net profit under RAS 2.6 times compared to the same period in 2016 to 4.394 billion rubles, acco

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