Moscow, Russia – February 3, 2016 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports receiving notice from the New York Stock Exchange (NYSE) that Mechel OAO's American Depositary Receipts (ADRs) are compliant with the listing's standards requiring that an ADR's average closing price over 30 consecutive trading days must not be lower than 1 US dollar.
Moscow, Russia – January 28, 2016 – The Board of Directors of Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, decided to create a Special Committee of the Board as part of efforts aimed at restructuring Mechel OAO's debt portfolio.
Moscow, Russia — December 29, 2015 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces a ratio change to its NYSE-listed American Depositary Receipt ("ADR") program from the current one (1) ADR per one (1) ordinary share to one (1) ADR per two (2) ordinary shares.
Moscow, Russia – December 23, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports the appointment of Natalia Trubkina as the company's human resources director. Prior to her appointment, she headed the human resources department of the Group's steel division.
Moscow, Russia – December 16, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces 9M2015 operational results.
Moscow, Russia — December 14, 2015 — Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the first nine months period ending September 30, 2015, on Wednesday, December 16, 2015. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive Officer, will host the call.
Moscow, Russia – December 01, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports the appointment of Andrey Ponomarev as Chief Executive Officer of Mechel-Steel Management Company OOO. He will replace Vladimir Tytsky who left the company due to retirement.
Mezhdurechensk, Russia – October 12, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces launching a new long wall face at its Southern Kuzbass OAO coal mining subsidiary's Olzherasskaya-Novaya Mine.
Moscow, Russia – September 18, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces the decisions made at the general meetings of 13 and 14-series bondholders regarding changes to the current repayment schedule and the interest rate for the future periods.
Moscow, Russia – September 18, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports receiving notice from the New York Stock Exchange (NYSE) that Mechel OAO's American Depositary Receipts (ADRs) are no longer compliant with the listing's standards requiring that an ADR's average closing price over 30 consecutive trading days must not be lower than 1 US dollar.
Moscow, Russia – September 15, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports signing an amicable settlement as part of the lawsuit brought by Eurasian Development Bank against Yakutugol Holding Company OAO. The settlement agreement provides for a restructuring of credit lines that had been granted by Eurasian Development Bank.
Moscow, Russia — September 10, 2015 — Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the first six months period ending June 30, 2015, on Friday, September 11, 2015. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive Officer, will host the call.
Moscow, Russia – September 09, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports restructuring its loan with VTB Bank totaling approximately 70 billion rubles.
Neryungri, Russia – September 03, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports signing a three-year agreement for coal supplies with Japan's JFE Steel corporation, a major Asian steel mill.
Moscow, Russia – September 02, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports its intention to restructure Mechel OAO's 13 and 14 series bonds.
Moscow, Russia – August 31, 2015 – Mechel OAO (MICEX: MTLR, NYSE: MTL), leading Russian mining and metals company, reports signing agreements on restructuring its loan with Gazprombank (AO) totaling 1.4 billion US dollars and 33.7 billion rubles (approx. 507 million US dollars*).
Moscow, Russia – July 27, 2015 – Mechel OAO (MICEX:MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports its Board of Directors' decision to make a new appointment to Mechel OAO's Management Board.