Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in the first quarter of the current year decreased by 21 percent to 1.3 million mt compared to the same period of last year. In ...
Tags: Crude Steel, Mineral
Mechel, a Russian based and also one of leading global coal and steel producers has planned to conduct its beginning stage of hot testing for first type of structural shape as 25SH1-type bar at Chelyaabinsk Metallurgical work site for ...
Tags: Mechel, Rolling Mill
Russian mining and steel group Mechel has announced that successful hot testing has been held at the complex of Chelyabinsk Metallurgical Plant's universal rolling mill. During hot testing, the mill produced its first batch of structural ...
Tags: Mechel, Rolling Mill
Russian mining and steel group Mechel has announced the signing a three-year contract with South Korean steel producer POSCO for supply of coking coal. The agreement, signed on April 30, stipulates that Mechel Carbon (Singapore) will ...
Tags: Mechel Inks, Coking Coal Supply
Russian mining and steel group Mechel has announced the signing several loan agreements totaling $1 billion in value with Russian bank Gazprombank. In Mechel's steel division, Beloretsk Metallurgical Plant signed a loan agreement for RUB ...
Tags: Mechel, Gazprombank
Russian mining and steel group Mechel has announced its financial results for 2012. In 2012, Mechel saw a net loss of $1.66 billion compared to a net profit of $727.9 million in the previous year. In 2012, the company's operating income ...
Russian steelmaking and mining company Mechel has reported the launch of operation at the Uvatsk quartzite deposit and delivery of the first batch of raw materials from the deposit to its Bratsk Ferroalloy Plant. Approximately 680 mt ...
Tags: Mechel, Uvatsk Deposit, Mineral
At its extraordinary general meeting to be held on April 29, Romania-based steel producer Mechel Targoviste will vote for the approval of the change of the company's name to Special Steel Plant (COS) Targoviste. The name had been changed to ...
Tags: Metallurgy, Mineral, Energy, steel
Mechel, one of the leading Russian mining and metals companies, has announced that its subsidiary Mechel Carbon (Singapore) has signed a memorandum for supply of coking coal with Baosteel Resources, Chinese steel giant Baosteel Group's ...
Tags: Mechel Carbon, Coking Coal Supply, Baosteel
International credit rating agency Moody's has announced that it has downgraded Russian steelmaker Mechel's rating to B3 from B2, changing its outlook to negative from stable. Moody's stated that the downgrade reflects low coking coal ...
Tags: steelmaker, steel, Mechel
Mechel Targoviste, the Romanian long product maker, is buying scrap from the market. The company is planning to resume steelmaking in March according to the company's new owner Invest Nikarom. The company official said that it was the ...
Tags: scrap, steelmaker, steel
Russian steelmaker Mechel reached an agreement with Invest Nikarom SRL to sell the five steelmaking plants in Romania for the price of US$70. The five are Otelu Rosu, Campia Turzii, Ductil Steel Buzau, Targoviste and Laminorul Braila. ...
Tags: Mechel, coal deposit, rolling mill
Russian mining and steel group Mechel has announced that it has signed a series of agreements for the disposal of its Romanian steel assets - Ductil Steel Mechel, Campia Turzii S.A., Mechel Targoviste S.A., Mechel East Europe Metallurgical ...
Tags: Mechel, Steel, Romanian Assets
Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in 2012 increased by seven percent to 6.532 million mt compared to 2011. In 2012, Mechel saw a 12 percent year-on-year increase in its ...
Russian steelmaking and mining company Mechel OAO announced Thursday the resumption of work at several of Mechel Bluestone's mining facilities in West Virginia. Due to decreased coal inventories, Mechel decided to resume open-pit mining at ...
Tags: coal mines, steelmaking, mining