Mechel

EQS-News: PJSC Mechel : Mechel Reports Decisions of the Board of Directors

Thursday, June 4, 2020 - 5:04pm

Moscow, Russia - June 4, 2020 - Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports the decisions made by its Board of Directors at a meeting held on June 4, 2020.

Key Points: 
  • Moscow, Russia - June 4, 2020 - Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports the decisions made by its Board of Directors at a meeting held on June 4, 2020.
  • Mechel PAO's Board of Directors determined the repurchase price of Mechel PAO's ordinary shares as based on the volume-weighted average price calculated according to the results of on-exchange trading over the six months prior to the date of the decision to hold the annual shareholder meeting, which will take place on June 30, 2020.
  • The repurchase price of Mechel PAO's ordinary shares is set at 80 rubles 57 kopeks per share.
  • The Board of Directors also determined the order of exercising the right to demand share buyback for Mechel PAO's shareholders.

EQS-News: PJSC Mechel : Mechel Reports Decisions of Its Board of Directors

Monday, June 1, 2020 - 10:01am

Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.

Key Points: 
  • Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.
  • All of its enterprises work in a single production chain, from raw materials to high value-added products.
  • We wish to caution you that these statements are only predictions and that actual events or results may differ materially.
  • We refer you to the documents Mechel files from time to time with the U.S. Securities and Exchange Commission, including our Form 20-F.

EQS-News: PJSC Mechel : Mechel Ups Sales of Railway Products

Thursday, May 28, 2020 - 2:08pm

Its products are marketed in Europe, Asia, North and South America, Africa.

Key Points: 
  • Its products are marketed in Europe, Asia, North and South America, Africa.
  • Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.
  • All of its enterprises work in a single production chain, from raw materials to high value-added products.
  • We refer you to the documents Mechel files from time to time with the U.S. Securities and Exchange Commission, including our Form 20-F.

EQS-News: PJSC Mechel : Mechel Reports 1Q2020 Operational Results

Tuesday, May 26, 2020 - 11:03am

Moscow, Russia - 26 May 2020 - Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2020 operational results.

Key Points: 
  • Moscow, Russia - 26 May 2020 - Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2020 operational results.
  • Mechel PAO's Chief Executive Officer Oleg Korzhov commented on 1Q2020 operational results.
  • All recommended safety measures are in force at our production sites, while most of our office staff is working from home.
  • "Today we can safely say that the spread of COVID-19 in 1Q2020 had no significant impact on our production and sales.

EQS-News: PJSC Mechel : Mechel Announces the 1Q 2020 Financial Results Release Date

Friday, May 22, 2020 - 11:01am

Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.

Key Points: 
  • Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.
  • Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Mechel, as defined in the safe harbor provisions of the U.S.
  • We wish to caution you that these statements are only predictions and that actual events or results may differ materially.
  • We refer you to the documents Mechel files from time to time with the U.S. Securities and Exchange Commission, including our Form 20-F.

EQS-News: PJSC Mechel : Mechel Reports Selling Elga Coal Complex and Completing Restructuring Process with State-Controlled Lender Banks

Wednesday, April 22, 2020 - 12:03pm

In accordance with this agreement, Mechel has sold its 51-percent of the shares of Elgaugol OOO, Elga-Doroga OOO and Mechel Trans Vostok OOO to A-Property OOO.

Key Points: 
  • In accordance with this agreement, Mechel has sold its 51-percent of the shares of Elgaugol OOO, Elga-Doroga OOO and Mechel Trans Vostok OOO to A-Property OOO.
  • The overall restructured debt to Gazprombank and VTB Bank will total 237 billion rubles after Mechel repay part of its debt with proceeds received from selling Elga.
  • "With the current economic situation and our debt leverage in mind, we made a difficult but well-considered and informed decision to sell Elga Coal Complex.
  • This will enable us to retain financial and social stability in Mechel Group's operations and ensure Mechel Group's further development," Mechel PAO's Chief Executive Officer Oleg Korzhov noted.

EQS-News: PJSC Mechel : Mechel Upgrades Key Facility at Bratsk Ferroalloy Plant

Wednesday, April 15, 2020 - 11:01am

Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.

Key Points: 
  • Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.
  • All of its enterprises work in a single production chain, from raw materials to high value-added products.
  • Bratsk Ferroalloy Plant is a modern, highly efficient facility producing high-grade ferrosilicon with 65% and 75% silicon content.
  • The plant supplies ferrosilicon to Mechel Group's other enterprises and markets it domestically and internationally.

Steel Rebar Market to Cross US$ 198 Bn by 2026: Global Market Insights, Inc.

Wednesday, December 11, 2019 - 12:00pm

SELBYVILLE, Del., Dec. 11, 2019 /PRNewswire/ -- Global Market Insights, Inc. has recently added a new report on steel rebar market which estimates the global market valuation for steel rebars will surpass USD 198.5 billion by 2026.

Key Points: 
  • SELBYVILLE, Del., Dec. 11, 2019 /PRNewswire/ -- Global Market Insights, Inc. has recently added a new report on steel rebar market which estimates the global market valuation for steel rebars will surpass USD 198.5 billion by 2026.
  • Deformed steel rebar is hot rolled and later deformed through twisting and making grooves over its surface.
  • Whereas, mild steel rebar are cold rolled steel bars, are used as tensioning device in reinforced masonry structures.
  • Major players operating in the steel rebar market are ArcelorMittal, Gerdau SA, Tata Steel, Nippon Steel & Sumitomo Metal, SAIL, Essar Steel, Hyundai Steel, Daido Steel, Mechel OAO, Acerinox S.A., Kobe Steel, Evraz PLC, Jindal Steel & Power Ltd., Commercial Metals Company (CMC), and others.

Mechel Reports Launch of New Longwall at Southern Kuzbass

Thursday, August 22, 2019 - 1:30pm

Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.

Key Points: 
  • Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.
  • All of its enterprises work in a single production chain, from raw materials to high value-added products.
  • We wish to caution you that these statements are only predictions and that actual events or results may differ materially.
  • We refer you to the documents Mechel files from time to time with the U.S. Securities and Exchange Commission, including our Form 20-F.