Mechel OAO (ADS)

MOSCOW, July 04, 2018 -- Mechel PAO , one of the leading Russian mining and metals companies, reports prolonging its cooperation agreement with Baosteel Resources which is part of China Baowu Steel, China’s largest steelmaking group. The agreement notes long-lasting reliable cooperation between the two sides, based on principles of mutual [...]

Mechel announces the decisions made by the annual general shareholder meeting held today. The shareholders decided on the following: not to pay an annual dividend with respect to ordinary shares. To pay an annual dividend of 16.66 rubles per one preferred share; - to make the list of persons entitled to receive dividends for preferred shares for [...]

TOKYO, June 07, 2018 -- Mechel PAO , one of the leading Russian mining and metals companies, reports prolonging its long-term deal for coal supplies with Japan’s JFE Steel corporation, a major steel mill in Asia Pacific, by another three years. The agreement will be in force until June 2021. According to the agreement, Mechel will annually [...]

MOSCOW, May 31, 2018 -- Mechel PAO , a leading Russian mining and metals company, announces the decisions made by its Board of Directors at a meeting held on May 31, 2018. The Board of Directors made the following recommendations to the general meeting of Mechel PAO’s shareholders: - not to pay an annual dividend with respect to ordinary [...]

MOSCOW, May 24, 2018 -- Mechel PAO , one of the leading Russian mining and metals companies, reports signing a five-year cooperation agreement with the Russian Export Center. Chairman of Mechel PAO’s Board of Directors Igor Zyuzin and the Russian Export Center’s Chief Executive Officer Andrey Slepnev signed a bilateral agreement on the [...]

Consolidated revenue – 74.9 bln rubles EBITDA* – 18.4 bln rubles Profit attributable to equity shareholders of Mechel PAO – 3.3 bln rubles MOSCOW, May 24, 2018 -- Mechel PAO , a leading Russian mining and steel group, announces financial results for the 1Q 2018. Mechel PAO’s Chief Executive Officer Oleg Korzhov commented: “In 1Q 2018 we continued working, developing the priority areas set forth last year. The mining division focused on its efforts on restoring mining volumes and sales of coal products, while the steel division continued with optimization of its product range and mastering new product types. “The new mining equipment arriving on our facilities has already begun yielding returns, and mining has stabilized quarter-on-quarter, while ... [...]

MOSCOW, May 24, 2018 -- Mechel PAO , one of the leading Russian mining and metals companies, announces 1Q2018 operational results. Production and sales for 1Q2018 Production: Product Name 1Q2018, thousand tonnes 1Q2017, thousand tonnes % 1Q2018, thousand tonnes 4Q2017, thousand tonnes % Run-of-Mine Coal 4,965 5,074 -2 4,965 4,944 0 Pig Iron 985 [...]

MOSCOW, May 22, 2018 -- Mechel PAO , one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the first quarter period ending March 31, 2018, on Thursday, May 24, 2018. In conjunction with these releases, Mechel will host a conference call, which will be simultaneously [...]

MOSCOW, April 16, 2018 -- Mechel PAO , one of the leading Russian mining and metals companies, reports leasing 10 BelAZ trucks in the framework of agreements signed with State Transport Leasing Company . The agreements signed with STLC for supply of heavy-duty trucks total approximately 900 million rubles. The financing term is five years. The [...]

MOSCOW, Russia , April 05, 2018 -- Mechel PAO , one of the leading Russian mining and metals companies, announces 2017 operational results. Production and sales for 2017 Production: Product Name 2017, thousand tonnes 2016, thousand tonnes % 4Q2017, thousand tonnes 3Q2017, thousand tonnes % Run-of-Mine Coal 20,638 22,683 -9 4,944 5,363 -8 Pig Iron [...]