Mechel Has Attended Metal Expo' 2012 Annual Exhibition
MOSCOW, Nov. 16, 2012 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE:MTL), one of the
leading Russian mining and metals companies, reports its participation in the
18th International Industrial Exhibition Metal-Expo' 2012, which was held at
the All-Russia Exhibition Center in Moscow on November 13-16, 2012.
Some 700 organizations from 35 countries took part in the traditional
steelworker forum. The exhibition welcomed over 30,000 visitors from
construction, engineering, fuel and energy, transport, logistics and steel
trade industries. Over 50 conferences, seminars and round tables were held
within the exhibition's framework.
Mechel's corporate booth showcased the products of the Group's Russian steel
and hardware plants, including Chelyabinsk Metallurgical Plant, Izhstal,
Beloretsk Metallurgical Plant, Urals Stampings Plant and Vyartsilya Metal
Some 100 representatives of Mechel OAO steel division (Mechel Steel Management
Company OOO) and subsidiaries of international steel trading company Mechel
Service Global, including Russian-based service and sales network
Mechel-Service OOO, worked at the exhibition during those four days.
The exhibition's visitors showed particular interest in the presentation of
the universal rolling mill which is currently being constructed at Chelyabinsk
Metallurgical Plant, fueled by shown comparison between a sample of the mill's
future products and its historical prototype, rails produced by Urals plants
in the 19^th century. Launch of the mill, which will produce 100-meter rails
for high-speed railways, which are unique for Russia, is a priority steel
project for Mechel.
As part of the exhibition, an official delegation headed by Deputy Industry
and Trade Minister Viktor Evtukhov and Director of the ministry's Basic
Industry Department Viktor Semyonov visited Mechel's corporate booth.
Mechel's enterprises won several top awards for developing and implementing
modern technical equipment and technologies, and manufacturing new types of
high-quality steel products. Beloretsk Metallurgical Plant won a gold medal
for developing and launching into production a new type of overhead ground
cable. OAO Urals Stampings Plant's Chelyabinsk branch won a gold medal for
developing and mastering the technology for producing by press-forging
large-scale forgings and ingots of up to 4.5 tonnes in weight from
heat-resistant EI 602 alloy with high exploitation qualities. Chelyabinsk
Metallurgical Plant won a silver medal for developing and introducing the
technology of improving the macrostructure quality of ingots and rolls by
optimizing content of slag-forming mixtures and the technology of using
slag-forming mixtures combined with eliminating wall accretion from casting
The company also took part in the annual contest for the best video product in
the steel industry of Russia and the CIS, Metal-Vision'2012. Beloretsk
Metallurgical Plant OAO's anniversary film "250 years of Beloretsk
Metallurgical Plant" won the Best Speaker nomination.
Mechel Group's corporate newspapers also won acclaim in the Best Corporate
Steel Industry Media in Russia and the CIS contest, which was held within the
exhibition's framework. Korshunov Mining Plant's Magnetite newspaper won in
the Best Mining Industry Media nomination. Moscow Coke and Gas Plant's Moscow
Coke Chemical Specialist newspaper won the Best Related Industry Media
nomination. Beloretsk Metallurgical Plant's book "Steel Strands of Time" won
the Best Published Work in Steel Industry 2012 nomination.
The company was awarded a cup for the best exposition.
Mechel is one of the leading Russian companies. Its business includes four
segments: mining, steel, ferroalloy and power. Mechel unites producers of
coal, iron ore concentrate, nickel, ferrochrome, ferrosilicon, steel, rolled
products, hardware, heat and electric power. Mechel products are marketed
domestically and internationally.
The Mechel OAO logo is available at
Some of the information in this press release may contain projections or other
forward-looking statements regarding future events or the future financial
performance of Mechel, as defined in the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. We wish to caution you that
these statements are only predictions and that actual events or results may
differ materially. We do not intend to update these statements. We refer you
to the documents Mechel files from time to time with the U.S. Securities and
Exchange Commission, including our Form 20-F. These documents contain and
identify important factors, including those contained in the section captioned
"Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in
our Form 20-F, that could cause the actual results to differ materially from
those contained in our projections or forward-looking statements, including,
among others, the achievement of anticipated levels of profitability, growth,
cost and synergy of our recent acquisitions, the impact of competitive
pricing, the ability to obtain necessary regulatory approvals and licenses,
the impact of developments in the Russian economic, political and legal
environment, volatility in stock markets or in the price of our shares or
ADRs, financial risk management and the impact of general business and global
CONTACT: Mechel OAO
Tel: + 7 495 221-88-88
Mechel OAO Logo
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