Mechel Among Cheap Ukraine Stocks

Mechel Among Cheap Ukraine Stocks

Andrey Rudakov/Bloomberg

An employee stands near a cauldron of molten metal in the converter shop at OAO Mechel's metallurgical plant in Chelyabinsk, Russia. Mechel fell 2.1 percent to $1.90, the lowest in U.S. trading since April 28. The stock is down 26 percent this year. Mechel traded at a 39 percent premium to the company’s Moscow-listed shares yesterday.