
Moscow, Russia – March 1, 2022 – Mechel PAO (MOEX: MTLR, NYSE: MTL), a leading Russian mining and steel group, announces financial results for the FY 2021. Mechel PAO’s Chief Executive Officer Oleg Korzhov commented:
Moscow, Russia – February 21, 2024 – Mechel PAO (MOEX: MTLR), a leading Russian mining and steel group, announces financial results for the FY 2023. Mechel PAO’s Chief Executive Officer Oleg Korzhov commented:
Mechel
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shares amounted approximately to 1.95% of the authorized capital of Mechel PAO. 10,804,058 ordinary shares were purchased by HC Yakutugol AO from Mechel PAO in October 2020. As of December 31st 2020 the Company does not have any shares of the Company at its disposal.
INFORMATION ABOUT MECHEL MATERIALS FOR CONCRETE REINFORCEMENT ounded in 2003, Mechel is one of Russia’s leaders in both mining and steelmaking. The company comprises producers of coal, iron ore concentrate, ferroalloys, steel, rolled steel, wire and wire products, heat and electric power. Mechel’s production facilities are
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Mechel demonstrated positive dynamics with all its main financial indicators in 2021. Its consolidated revenues amounted to RUB 402.1 bn, which is 51% more than last year. EBITDA increased by 190% and amounted to RUB 118.9 bn. EBITDA profitability is 30%, which is twice as much as last year.
CMP PAO is the main enterprise of Mechel pro-ducing flat products. The plant produces: • sheets and plates from corrosion resisting (stain - less) steel: hot-rolled plates in thickness of 3,5-100,0 mm thick, cold-rolled sheets in thickness of 0,3-3,0 mm; • …
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MECHEL OAO
Unless the context otherwise requires, references to “Mechel” refer to Mechel OAO, and references to “our group,” “we,” “us” or “our” refer to Mechel OAO together with its subsidiaries. Our business consists of four segments: mining, steel, …
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