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News Breaks | | | | October 22, 2012 | | 10:25 EDT |  | MTL | Mechel reports suspension of Mechel Bluestone mining facilities
Mechel reports temporary halting of mining facilities of Mechel Bluestone, which is part of the Group's mining division. Due to accumulated inventories of coal, Mechel decided to temporarily suspend mining at some facilities of Mechel Bluestone's mining complexes -- Keystone, Justice Energy and Dynamic Energy. Taking into account current contracts, as well as inventories of 650,000 tonnes of raw coal and 345,000 tonnes of finished product, operations at the suspended facilities are expected to resume in two to three months. All obligations under pre-existing contracts will be met. | |
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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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