All Posts Tagged With: "MTL"
(MTL) Mechel OAO 2011 First Quarter Earnings Soar
Russian mining company Mechel OAO (MTL) recorded a net income of $309.1 million in first quarter 2011 comprehensively beating last year’s consolidated net income of $82.6 million, a jump of 274.3% year over...
(MTL) Mechel OAO Halts Mine Operations
Russian mining company, Mechel OAO (MTL) temporarily halted operations at its Sibirginskaya mine due to high gas levels in a mined-out area. Mining works at the site were halted and all miners returned to...
(MTL) Mechel OAO Gets B1 Rating by Moody’s Investors Service
Shares of Russian metals and mining company, Mechel OAO (MTL) slipped 5.78% or $1.22 per share to close at $19.90 on Monday after being assigned a “B1″ corporate credit rating by Moody’s Investors...
(MTL) Mechel OAO’s $1 Billion Credit Line Extended
Russian steel and coking coal producer Mechel OAO (MTL) recently announced that its $1 billion credit facility with Gazprombank has been doubled to six years with a reduced interest rate. Mechel will begin...
(MTL) Mechel OAO Commissions Steel Processing Facility
One of Russia’s leading metal and mining companies, Mechel OAO (MTL) commissioned its integrated steel processing facility (ladle furnace) at the oxygen-converter shop of its Chelyabinsk Metallurgical Plant...
(MTL) Mechel OAO Recovers
Mechel OAO (MTL), one of Russia’s leading mining and metallurgical companies, has reported results for its second quarter and first half of 2009.
For the first half of 2009, Mechel reported revenues...
(MTL) Russia’s Mechel OAO Opens New Production Line
One of Russia’s leading mining and metal companies, Mechel OAO (MTL) is starting a new production line for cold-deformed reinforcement wire at its Beloretsk Metallurgical plant (BMP) subsidiary. Total investment in the project exceeded 55 million rubles...