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Stock Market & Financial Investment News

News Breaks
August 7, 2014
06:54 EDTMTLMechel mines millionth toes of coal at Elga Deposit
Mechel reports having mined a millionth ton of coal since operations began at the Elginsky open pit. Currently work still continues on transferring Elga's seasonal washing plant to all-year operation mode. The works are scheduled to be completed in October-November, which will enable the plant to reach 2.7M-ton annual capacity.
News For MTL From The Last 14 Days
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June 30, 2015
05:35 EDTMTLMechel certified rails to be supplied to Russian railways
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June 29, 2015
08:48 EDTMTLMechel supplies steel for construction of Power of Siberia, Altai gas pipelines
Mechel OAO reports supplying rebar, structural shapes and hardware rolls for construction of Power of Siberia and Altai gas pipelines. Mechel's products are used to produce ferroconcrete weights manufactured by Berezovsky Structural Construction Plant for laying major mainline pipelines of national importance Power of Siberia and Altai. The ferroconcrete weights are installed on pipes up to 1,420mm in diameter and are used to balance oil and gas pipelines when crossing over swamps, rivers and other water barriers, not allowing the pipes to float up to the surface. Most of the steel products supplied were produced at Chelyabinsk Metallurgical Plant.
June 23, 2015
05:39 EDTMTLMechel reports Q1 steel production up 7% to 1.1M tonnes
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