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mechel (MTLR) Snapshot

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mechel (MTLR) Details

Mechel OAO, together with its subsidiaries, engages in mining and steel businesses in the Russian Federation, the Commonwealth of Independent States, Europe, Asia, the Middle East, and internationally. The company operates through four segments: Mining, Steel, and Power. The Mining segment produces and sells metallurgical and steam coal, coke, iron ore, and limestone, as well as chemical products, such as coal tar, naphthalene, and other compounds. The Steel segment produces and sells semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, wire products, forgings, and stampings and others, as well as ferrosilicon. The Power segment generates, distributes, and sells value-added products made from steam coal, such as electricity and heat energy. The company, formerly known as Mechel Steel Group OAO, was founded in 2003 and is based in Moscow, the Russian Federation.

67,880 Employees
Last Reported Date: 04/28/15
Founded in 2003

mechel (MTLR) Top Compensated Officers

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mechel (MTLR) Key Developments

Mechel OAO Appoints Minas Darbinyan as Deputy Chief Executive Officer for Financial Control

Mechel OAO appointed Minas Darbinyan as Deputy Chief Executive Officer for Financial Control in June 2015. Prior to that appointment, he has since 2013 worked as a director for strategic planning at Uranium One Holding N.V. In 2013, he briefly served as chief of the investment planning and development department at Atomredmetzoloto OAO, also part of Rosatom. In 2011-2013, Darbinyan worked as a senior consultant at KPMG ZAO.

Moscow Arbitration Court Rules in Favor of Sberbank of Russia in Lawsuit Seeking RUB 6.7 Billion from Mechel

Moscow arbitration court on July 20, 2015 ruled in favor of Sberbank of Russia in a lawsuit seeking RUB 6.7 billion from Mechel and a number of Mechel subsidiaries. The court had earlier approved a motion from Sberbank to increase the size of the award to RUB 6.7 billion from RUB 3.8 billion initially.

Mechel OAO Appoints Energy Consulting/Audit ZAO as Auditor

Mechel OAO at its aAnnual General Shareholders' Meeting held on June 30, 2015, approved the appointment of Energy Consulting/Audit ZAO as the auditor.


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MTLR Competitors

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Yanzhou Coal Mining Co Ltd CNY9.12 CNY +0.42
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