Russian mining and steel group Mechel has announced its consolidated financial results for the first nine months of the current year. In the January-September period, Mechel saw an operating loss of $393 million compared to an operating ...
Tags: steel, metallurgy
Russian mining and steel group Mechel has announced that it has received the $150 million first tranche of project financing for the Elga Coal Complex's first stage from Russian state-owned Vnesheconombank. The total financing for the ...
Tags: CIS, Mechel, mining, Dnepropetrovsk
Mechel, one of the leading Russian mining and steel groups, has announced that in the third quarter this year its crude steel output decreased by 12 percent to 1.098 million mt, while its pig iron output declined by 11 percent to 913,000 ...
Tags: Mechel, crude steel, output, compare
Russian mining and steel group Mechel has announced the sale of a 28 percent stake in Vanino Sea Trade Port's equity capital. Accordingly, Mechel Group, as represented by Mecheltrans, has sold some 28 percent of the port's equity capital ...
Tags: Mechel, Sea Trade Port
According to report, Russian major steelmakers, members of the umbrella organization Russian Steel, said in the statement that they have kept cutting output and sales on “continuing world financial crisis. Steelmaker members include ...
Tags: Steelmakers
Russian mining and steel group Mechel has announced that an agreement between Russian Development Bank (Vnesheconombank) and Mechel on allocating the first tranche of the project financing for Elga Coal Complex's first stage totalling $2.5 ...
Tags: mining, steel group, Mechel
In the January-September period of the current year, Southern Kuzbass Coal Company, a subsidiary of the Russian mining and steel producing group Mechel, saw a 8.8 percent year-on-year rise in its coal output to 11.023 million mt, including ...
Tags: Coal Output
In July this year, Liberty Commodities had officially confirmed its negotiation and completion of the acquisition of Wales-based hot rolled coil (HRC) producer MIR Steel (formerly known as Alpha Steel) on behalf of a consortium of ...
Russian mining and steel group Mechel has announced the completion of its construction of a grinding-mixing complex to produce cement, in particular blast furnace slag cement. The grinding-mixing complex was built in Chelyabinsk ...
Russian mining and steel group Mechel has announced that it has signed an agreement with businessman Vadim Varshavsky for the disposal of 100 percent of shares in Daveze Limited, which in turn owns 100 percent of shares in Ukrainian steel ...
Russian mining and steel group Mechel has announced that it has started supplying coal concentrate to the People's Republic of China by rail through the new Makhalino-Hunсhun border checkpoint. The first cargo train was dispatched ...
Tags: Mechel, Coal Supplies, Railway Route
Russian mining and steelmaking company Mechel has announced that it has signed an agreement for the disposal of several ferroalloys assets to Turkey-based privately-owned diversified industrial group Yildirim Group. According to the ...
Tags: Yildirim Group, Mineral
Mechel, a Russia based world reputable leading fully integrated steel company has commissioned Italy's plant maker Danieli build universal rolling mill. The rolling mill is designed to achieve annual production of 1.1 million tons of ...
Tags: Construction, Metallurgy, Mineral, Energy, Rolling Mill
Russia-based Mechel has announced that it is selling its 100 percent stake in UK-based steel plant Invicta Merchant Bar and its debts to Mechel to privately-owned Helium Miracle 127 LLP for £1.1 million. Invicta Merchant Bar was ...
Tags: Steel Plant, Mechel
Reportedly, Russian steel giant Mechel released its consolidate financial results for the first quarter of this year. Mechel posted a net loss of US$321 million for the first quarter of this year, slumping from a net profit of US$218 ...
Tags: Construction&Decoration, Russian, steel