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News Breaks | | | | September 10, 2012 | | 07:13 EDT |  | MTL | Mechel signs cooperation agreement on supplies of Elga Complex's coal products
Mechel OAO announces the signing of a cooperation agreement for supplying OJSC "RAO Energy Systems of East" with coal from Elga Coal Complex. The agreement sets forth the key principles of the two sides' long-term cooperation regarding the use of coal from the Elga deposit. Once probes of Elga's coals are delivered to OJSC "RAO Energy Systems of East" subsidiary JSC "DTE" and in case test burning yields positive results, Mechel Mining may gradually increase supplies of the Elga deposit's coals up to a total of 60 million tonnes over 15 years. | |
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News For MTL From The Last 14 Days Check below for free stories on MTL the last two weeks. |
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| May 15, 2013 | | 09:18 EDT |  | MTL | Mechel volatility elevated as shares near four-year low
Mechel overall option implied volatility of 61 is above its 26-week average of 56 according to Track Data, suggesting large near term price movement. | | | May 13, 2013 | | 10:10 EDT | | MTL | Mechel reports Q1 coal production 6.41M tons, steel production 1.3M tons
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