Mount Elliott Company Metallurgical Plant and Mill

EQS-News: PJSC Mechel : MECHEL REPORTS 9М2021 OPERATIONAL RESULTS

Retrieved on: 
Monday, November 22, 2021
Iron, CFR, I-beam, Australia, PCI, Industry, NYSE, Group, Construction, Coke, History, Coal, Korshunov, Mechel, HC Izhstal, MOEX, Electricity, Steel, Mount Elliott Company Metallurgical Plant and Mill, Mining, MTL, Anomaly, Iron ore, Rolling (metalworking)

Moscow, Russia - November 18, 2021 - Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M2021 and 3Q2021 operational results.

Key Points: 
  • Moscow, Russia - November 18, 2021 - Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M2021 and 3Q2021 operational results.
  • Mechel's coal assets finished this reporting period with mining results generally equal to the previous quarter.
  • Considering the mining equipment renovation program which we allocated 3.3 billion rubles to this year, we continue with our gradual restoration of our key operational results.
  • "On a positive note regarding 9M2021 results, I would like to emphasize the increased share of high-margin products year-on-year.