Moscow, Russia
Moscow, Russia

Mechel is one of Russia’s leading mining and metals companies, comprising producers of coal, iron ore in concentrate, steel, rolled steel products. Headquartered in Moscow, sells its products in Russia and overseas, and is formally known as Open Joint Stock Company Mechel. Wikipedia.

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News Article | May 4, 2017
Site: marketersmedia.com

Wiseguyreports.Com Adds “Steel Section -Market Demand, Growth, Opportunities and Analysis of Top Key Player Forecast To 2022” To Its Research Database This report studies the Steel Section market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyzes the top players in global and major regions, and splits the Steel Section market by product type and applications/end industries. The global Steel Section market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Steel Section. Europe also play important roles in global market, with market size of xx million USD in 2016 and will be xx million USD in 2022, with a CAGR of XX. Geographically, this report is segmented into several key Regions, with Sales, Sales, revenue, Market Share (%) and Growth Rate (%) of Steel Section in these regions, from 2012 to 2022 (forecast), covering North America Europe Asia-Pacific South America Middle East and Africa On the basis of product, the Steel Section market is primarily split into Angled Sections Parallel Flange Channels Tapered Flange Beams Circular Hollow Sections Rectangular Hollow Sections Square Hollow Sections Flat Sections On the basis on the end users/applications, this report covers Infrastructure and construction Power Railway Industrial machinery Oil and gas Global Steel Section Market Research Report 2017 1 Steel Section Market Overview 1.1 Steel Section Product Overview 1.2 Steel Section Segment by Types (Product Category) 1.2.1 Global Steel Section Sales and Growth (%) Comparison by Types (2012-2022) 1.2.2 Global Steel Section Sales Market Share (%) by Types in 2016 1.2.3 Angled Sections 1.2.4 Parallel Flange Channels 1.2.5 Tapered Flange Beams 1.2.6 Circular Hollow Sections 1.2.7 Rectangular Hollow Sections 1.2.8 Square Hollow Sections 1.2.9 Flat Sections 1.3 Global Steel Section Segment by Applications 1.3.1 Global Steel Section Sales (K Ton) Comparison by Applications (2012-2022) 1.3.2 Infrastructure and construction 1.3.3 Power 1.3.4 Railway 1.3.5 Industrial machinery 1.3.6 Oil and gas 1.4 Global Steel Section Market by Regions (2012-2022) 1.4.1 Global Steel Section Market Size and Growth (%) Comparison by Regions (2012-2022) 1.4.2 North America Steel Section Status and Prospect (2012-2022) 1.4.3 Asia-Pacific Steel Section Status and Prospect (2012-2022) 1.4.4 Europe Steel Section Status and Prospect (2012-2022) 1.4.5 South America Steel Section Status and Prospect (2012-2022) 1.4.6 Middle East and Africa Steel Section Status and Prospect (2012-2022) 1.5 Global Steel Section Market Size (2012-2022) 1.5.1 Global Steel Section Revenue (Million USD) Status and Outlook (2012-2022) 1.5.2 Global Steel Section Sales (K Ton) Status and Outlook (2012-2022) 6 Global Steel Section Manufacturers Profiles/Analysis 6.1 ArcelorMittal 6.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.1.2 Steel Section Product Category, End Uses and Specification 6.1.2.1 Product A 6.1.2.2 Product B 6.1.3 ArcelorMittal Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.1.4 Main Business/Business Overview 6.2 EVRAZ 6.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.2.2 Steel Section Product Category, End Uses and Specification 6.2.2.1 Product A 6.2.2.2 Product B 6.2.3 EVRAZ Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.2.4 Main Business/Business Overview 6.3 Gerdau 6.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.3.2 Steel Section Product Category, End Uses and Specification 6.3.2.1 Product A 6.3.2.2 Product B 6.3.3 Gerdau Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.3.4 Main Business/Business Overview 6.4 NSSMC 6.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.4.2 Steel Section Product Category, End Uses and Specification 6.4.2.1 Product A 6.4.2.2 Product A 6.4.3 NSSMC Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.4.4 Main Business/Business Overview 6.5 Nucor 6.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.5.2 Steel Section Product Category, End Uses and Specification 6.5.2.1 Product A 6.5.2.2 Product B 6.5.3 Nucor Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.5.4 Main Business/Business Overview 6.6 Anyang Steel Group 6.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.6.2 Steel Section Product Category, End Uses and Specification 6.6.2.1 Product A 6.6.2.2 Product B 6.6.3 Anyang Steel Group Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.6.4 Main Business/Business Overview 6.7 Celsa Steel 6.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.7.2 Steel Section Product Category, End Uses and Specification 6.7.2.1 Product A 6.7.2.2 Product B 6.7.3 Celsa Steel Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.7.4 Main Business/Business Overview 6.8 Hyundai Steel 6.8.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.8.2 Steel Section Product Category, End Uses and Specification 6.8.2.1 Product A 6.8.2.2 Product B 6.8.3 Hyundai Steel Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.8.4 Main Business/Business Overview 6.9 Mechel 6.9.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.9.2 Steel Section Product Category, End Uses and Specification 6.9.2.1 Product A 6.9.2.2 Product B 6.9.3 Mechel Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.9.4 Main Business/Business Overview 6.10 Tata Steel 6.10.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 6.10.2 Steel Section Product Category, End Uses and Specification 6.10.2.1 Type A 6.10.2.2 Type B 6.10.3 Tata Steel Steel Section Sales (K Ton), Revenue (Million USD), Price (USD/Ton), Gross Margin (%) and Market Share (%) (2012-2017) 6.10.4 Main Business/Business Overview For more information, please visit https://www.wiseguyreports.com/sample-request/1240498-global-steel-section-market-report-2017


News Article | May 19, 2017
Site: www.prnewswire.co.uk

Browse 121 market data Tables and 48 Figures spread through 158 Pages and in-depth TOC on "Steel Rebar Market" http://www.marketsandmarkets.com/Market-Reports/steel-rebar-market-176200687.html Early buyers will receive 10% customization on this report. Growing usage of steel rebar in infrastructure, housing, and industrial segments is fueling the growth of the steel rebar market. This growth is mainly attributed to the rise in demand for steel rebar from the construction industry. Infrastructure segment is projected to be the largest and fastest-growing segment of the steel rebar market by 2021 The infrastructure segment is estimated to have accounted for a major share of the steel rebar market in 2016, followed by the housing, and industrial segments. The use of steel rebar increases the tensile strength of surrounding concrete structures in highways, bridges, and pillar structures. Increasing project counts of highway, bridges, and structural engineering are fueling the growth of the steel rebar market in the infrastructure segment. Modernization and maintenance of infrastructure projects has led to the increasing demand for steel rebar. Increasing infrastructure projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the steel rebar market during the forecast period. Deformed steel segment is projected to be the largest and fastest growing segment in the steel rebar market by 2021 The deformed steel bar segment is the largest and fastest-growing segment by type in the steel rebar market. Deformed bar, formed from carbon steel and provided with ridges for better mechanical anchoring in reinforced concrete, is used in applications such as reinforced concrete slabs, cages, columns, prefabricated beams, and precast products. This deformation of the bar helps in increasing the bond between materials and minimizes slippage in concrete, which is fueling the rapid growth of the deformed bar segment. The steel rebar market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period The Asia-Pacific Steel Rebar Market is projected to grow at the highest CAGR between 2016 and 2021. Growth in this market is mainly attributed to the increasing steel rebar consumption in the construction industry. China and India are the key markets for steel rebar. China plans to invest around USD 720 billion in its infrastructural projects by the end of 2019. Similarly, there are a large number of infrastructural projects in the pipeline in India. In addition, strong policy initiatives such as the mandatory use of domestic steel in government infrastructural projects and 'Make in India' are expected to support the growth of the domestic steel rebar market. Major market players covered in the report are ArcelorMittal (Luxembourg), Gerdau S.A (Brazil), Nippon Steel & Sumitomo Metal Corporation (Japan), Posco SS Vina, Co. Ltd (Vietnam), Steel Authority of India Limited (India), Tata Steel Ltd. (India), Essar Steel (India), Mechel PAO (Russia), EVRAZ plc (U.K.), Sohar Steel LLC (Oman), Celsa Steel UK (U.K.), Kobe Steel, Ltd. (Japan), Jiangsu Shagang Group Co., Ltd. (China), NJR Steel (South Africa), Commercial Metals Company (U.S.), The Conco Companies (U.S.), Barnes Reinforcing Industries (pty) Ltd (South Africa), Jindal Steel & Power ltd. (India), Steel Dynamics, Inc. (U.S.), Steel Asia Manufacturing Corporation (Philippines), Outokumpu Oyj (Finland), Acerinox S.A. (Spain), Hyundai Steel Company (South Korea), Daido Steel Co., Ltd. (Japan), and Byer Steel Group Inc. (U.S.). FRP Rebar Market by Resin Type, by Fiber Type, by Application (Highways, Bridges, & Buildings, Marine Structures & Waterfronts, Water Treatment Plants, and Others) - Global Forecasts to 2021 http://www.marketsandmarkets.com/Market-Reports/frp-rebars-market-77486355.html High Strength Steel Market by Type (High Strength Low Alloy Steels, Dual Phase Steels, Bake Hardenable Steels, Carbon Manganese Steels, and Others), by End User (Automotive, Construction, and Others), by Region - Global Forecast to 2021 http://www.marketsandmarkets.com/Market-Reports/high-strength-steel-market-4627428.html MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


News Article | May 19, 2017
Site: www.prnewswire.com

Browse 121 market data Tables and 48 Figures spread through 158 Pages and in-depth TOC on "Steel Rebar Market" http://www.marketsandmarkets.com/Market-Reports/steel-rebar-market-176200687.html Early buyers will receive 10% customization on this report. Growing usage of steel rebar in infrastructure, housing, and industrial segments is fueling the growth of the steel rebar market. This growth is mainly attributed to the rise in demand for steel rebar from the construction industry. Infrastructure segment is projected to be the largest and fastest-growing segment of the steel rebar market by 2021 The infrastructure segment is estimated to have accounted for a major share of the steel rebar market in 2016, followed by the housing, and industrial segments. The use of steel rebar increases the tensile strength of surrounding concrete structures in highways, bridges, and pillar structures. Increasing project counts of highway, bridges, and structural engineering are fueling the growth of the steel rebar market in the infrastructure segment. Modernization and maintenance of infrastructure projects has led to the increasing demand for steel rebar. Increasing infrastructure projects across the globe, especially in the Asia-Pacific is another major factor, driving the growth of the steel rebar market during the forecast period. Deformed steel segment is projected to be the largest and fastest growing segment in the steel rebar market by 2021 The deformed steel bar segment is the largest and fastest-growing segment by type in the steel rebar market. Deformed bar, formed from carbon steel and provided with ridges for better mechanical anchoring in reinforced concrete, is used in applications such as reinforced concrete slabs, cages, columns, prefabricated beams, and precast products. This deformation of the bar helps in increasing the bond between materials and minimizes slippage in concrete, which is fueling the rapid growth of the deformed bar segment. The steel rebar market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period The Asia-Pacific Steel Rebar Market is projected to grow at the highest CAGR between 2016 and 2021. Growth in this market is mainly attributed to the increasing steel rebar consumption in the construction industry. China and India are the key markets for steel rebar. China plans to invest around USD 720 billion in its infrastructural projects by the end of 2019. Similarly, there are a large number of infrastructural projects in the pipeline in India. In addition, strong policy initiatives such as the mandatory use of domestic steel in government infrastructural projects and 'Make in India' are expected to support the growth of the domestic steel rebar market. Major market players covered in the report are ArcelorMittal (Luxembourg), Gerdau S.A (Brazil), Nippon Steel & Sumitomo Metal Corporation (Japan), Posco SS Vina, Co. Ltd (Vietnam), Steel Authority of India Limited (India), Tata Steel Ltd. (India), Essar Steel (India), Mechel PAO (Russia), EVRAZ plc (U.K.), Sohar Steel LLC (Oman), Celsa Steel UK (U.K.), Kobe Steel, Ltd. (Japan), Jiangsu Shagang Group Co., Ltd. (China), NJR Steel (South Africa), Commercial Metals Company (U.S.), The Conco Companies (U.S.), Barnes Reinforcing Industries (pty) Ltd (South Africa), Jindal Steel & Power ltd. (India), Steel Dynamics, Inc. (U.S.), Steel Asia Manufacturing Corporation (Philippines), Outokumpu Oyj (Finland), Acerinox S.A. (Spain), Hyundai Steel Company (South Korea), Daido Steel Co., Ltd. (Japan), and Byer Steel Group Inc. (U.S.). FRP Rebar Market by Resin Type, by Fiber Type, by Application (Highways, Bridges, & Buildings, Marine Structures & Waterfronts, Water Treatment Plants, and Others) - Global Forecasts to 2021 http://www.marketsandmarkets.com/Market-Reports/frp-rebars-market-77486355.html High Strength Steel Market by Type (High Strength Low Alloy Steels, Dual Phase Steels, Bake Hardenable Steels, Carbon Manganese Steels, and Others), by End User (Automotive, Construction, and Others), by Region - Global Forecast to 2021 http://www.marketsandmarkets.com/Market-Reports/high-strength-steel-market-4627428.html MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Visit our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets


News Article | May 31, 2017
Site: globenewswire.com

MOSCOW, May 31, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, announces 1Q2017 operational results. “This accounting period can be considered as fairly favorable for the global coal market. After the aggressive price hike in 3Q2016 and 4Q2016, the market went back to the price level comfortable for most international mining companies. Despite the slump in spot prices for premium coking coal, which reached 150-170 US dollars per tonne in February, 1Q2017 benchmark FOB Australia was 285 dollars per tonne, which enabled us to continue selling some of our coal for fairly high prices. “The 8-percent decrease in coking coal concentrate sales as compared to 4Q2016 was due to two factors. First, in 4Q2016 we exported all our available coal reserves, including storage stockpiles, to Asia Pacific to profit by the market situation and ensure that our clients’ requests would be met. Second, in 1Q2017 concentrate sales went down due to a temporary change in mining structure at Neryungrinsky Open Pit, where regular steam coal’s share increased and coking coal’s share decreased accordingly. “PCI sales went up by 13% due to fulfillment of our contractual obligations to customers in Japan and South Korea, where we shipped a total of 300,000 tonnes of product. The 10-percent increase of anthracite sales was due to stable demand for this type of coal from Asian customers. In order to get maximum profit from our trade transactions, we continue to re-direct anthracite sales from Europe to Asia due to more profitable deal conditions. As for steam coal, the insignificant three-percent slump in sales was due to technical reasons — a major shipment to China has been put off until the next accounting period as the cargo vessel was late arriving to port. Nevertheless, in 1Q2017 we increased steam coal sales to Asia Pacific by 5% and in particular to China — by 22% quarter-on-quarter. “In 1Q2017 we saw a hike in European demand for coke, which enabled us to increase sales to Germany and Turkey and generally increase sales to third parties by 28%. “The steel division’s operations in this accounting period were stable, with pig iron and steel production maintained at the level of the previous quarter. In March, Chelyabinsk Metallurgical Plant’s oxygen converter workshop produced over 350,000 tonnes of steel, an absolute record since the workshop’s launch. We continue to increase production of high-margin products at the universal rolling mill, it is one of our company’s chief priorities. In March, the universal rolling mill produced over 65,000 tonnes of rolls, which is a maximum monthly production volume since the mill’s launch. “The four-percent decrease in long rolls sales was primarily due to weak domestic demand for rebar and a price decrease that followed. We have accumulated sufficient stockpiles of these products in our sales network’s storages and intend to sell them in the following accounting periods when conditions are more beneficial, especially as the new construction season comes on. “Flat rolls sales went up by 7% as Chelyabinsk Metallurgical Plant’s business portfolio expanded and our European sales network Mechel Service Global’s subsidiaries landed new contracts. “The eight-percent decrease in hardware sales was due to negative dynamics on the domestic hardware market. Nevertheless, our Beloretsk Metallurgical Plant is quick to respond to market demands, and in 1Q2017 the plant significantly increased sales of high value-added hardware. Sales of strands for concrete products, used in construction industry, showed the best increase, by 32%. “Bratsk Ferroalloys Plant’s ferrosilicon sales to the group’s enterprises and third parties went down by 31% due to the decrease in exports as some shipments were transferred to 2Q2017. “The 83-percent increase in forgings sales was due to a stronger demand in the European Union and weaker competition from other suppliers of similar products, as well as resumption of forgings supplies to Turkey. The 20-percent increase in stampings sales was due to Russian wagon makers increasing their orders for car axles. As Urals Stampings Plant takes measures to build long-term ties with wagon-building companies, we expect a further increase in orders for car axles to come this year. “The three-percent increase in electricity generation was due to the completion of repairs to Southern Kuzbass Power Plant’s boiler equipment. Heat generation went up by 7% as temperature in the Chelyabinsk Region dropped below expected levels in this accounting period, as well as the group’s chief production facilities increased consumption of industrial steam.” Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products. 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 economic conditions.


News Article | May 31, 2017
Site: globenewswire.com

MOSCOW, May 31, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), a leading Russian mining and steel group, announces financial results for the 1Q 2017. “In the first quarter of 2017 the Group showed good financial results. Favorable price trends had their positive impact. Even though spot prices for premium coking coal went down from the heights they reached in the fourth quarter of 2016 to $150-170 per tonne by mid-quarter, the first quarter’s contract prices were higher than in the fourth quarter of 2016, which enabled us to retain average prices at a high level. Thanks to this situation, our mining segment managed to achieve an observable growth of EBITDA. “At the same time, for our steel segment which produces primarily construction range products, the first quarter is traditionally the time of weaker demand and lower prices. High prices for coal and iron ore, which support our mining segment’s results, contributed to production cost growth of our steel segment. As a result, even though revenue was only 2% lower quarter-on-quarter, the steel segment’s EBITDA declined by half. “In total our consolidated revenue was 77.4 billion rubles for the reporting period, which is 3% less than in the fourth quarter of 2016, while EBITDA went down by 7% and reached 22.8 billion rubles. At the same time, our net profit attributable to equity shareholders of Mechel PAO for the first quarter went up by nearly nine times, reaching 13.9 billion rubles.” * EBITDA - Adjusted EBITDA. Please find the calculation of the Adjusted EBITDA and other non-IFRS measures used here and hereafter in Attachment A. “In the first quarter of 2017 the segment demonstrated an improvement in financial results if compared with the fourth quarter of 2016, with EBITDA up by 11%, EBITDA margin reaching 49%. It became possible due to a good price trend on seaborne coal markets. The growth of iron ore prices, which continued in the first quarter, also helped to improve our financial results. “In this reporting period, our facilities slightly decreased its coal mining volumes in comparison with previous quarter due to intensification of the stripping works to prepare reserves. Also the decrease of volumes in the first quarter was affected by seasonality of climatic conditions that requires more efforts in equipment maintenance. The decrease in supplies of coking coal concentrate to third parties was partly due to the fact that we have again re-directed some of our coal volumes for internal use as export market prices became less attractive. At the same time, we increased shipments of PCI and anthracites, primarily to our Asian customers. “We used the beneficial economic situation to boost the technical reequipment of our facilities. In the first quarter, Yakutugol put into operation an EKG-18 excavator and a Liebherr R 9200 excavator. In the second quarter, we plan to put into operation one more excavator. To maintain our mining capacity, in 2017 we plan to acquire and put into service more than 20 new vehicles such as trucks, bulldozers and other equipment at both Yakutugol and the Elga deposit. This year, we plan to complete construction and launch a run-of-mine coal crushing facility with a 2.3-million-tonne capacity at Elga. As a result we will ensure the stability of mining volumes and recovery of mining volumes where they temporarily decreased.” “In the first quarter of this year our segment demonstrated robust performance. A small decrease in long steel sales was mostly seasonal and was due to a decrease in construction activity in the winter period. We expect that those products for construction industry that have not been sold in the first quarter due to weak demand and respective weak prices will be sold in the next periods at higher prices when the construction season picks up. In the first quarter sales of high-margin products, such as stampings and forgings, went up, as well as sales of flat steel, which was partly due to an extension of our product range and gaining new markets. “Our revenue in the first quarter of 2017 remained on the level of the previous quarter. The 51% decrease of our EBITDA was due to the growth of production costs conditioned by high prices for input raw materials. “The main tendencies that characterized our segment’s operations last year, remain in force at the beginning of the current year. We continue to increase the capacity utilization of Chelyabinsk Metallurgical Plant’s universal rolling mill, to master new competitive types of products at all of our facilities and to upgrade our equipment.” “In the first quarter of 2017, we saw the seasonal hike in consumption of all our segment products in comparison with the fourth quarter of 2016, and as a result, the increase in heat and electricity generation. The main factor was lower outside temperature. The increase in electricity generation was affected by the completion of repairs of the boiler equipment at Southern Kuzbass Power Plant. The financial results of the first quarter of 2017 improved accordingly quarter-on-quarter.” The management of Mechel will host a conference call today at 18:00 p.m. Moscow time (4:00 p.m. London time, 11 a.m. New York time) to review Mechel’s financial results and comment on current operations. The call may be accessed via the Internet at http://www.mechel.com, under the Investor Relations section. Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, and Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products. 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 economic conditions. Attachments to the 1Q 2017 Financial results Press Release Non-IFRS financial measures. This press release includes financial information prepared in accordance with International Financial Reporting Standards, or IFRS, as well as other financial measures referred to as non-IFRS. The non-IFRS financial measures should be considered in addition to, but not as a substitute for the information prepared in accordance with IFRS. Adjusted EBITDA (EBITDA) represents net profit (loss) attributable to equity shareholders of Mechel PAO before Depreciation and depletion, Foreign exchange (gain) loss, net, Finance costs, including fines and penalties on overdue loans and borrowings and finance lease payments, Finance income, Net result on the disposal of non-current assets, Impairment of goodwill and other non-current assets, Write-off of accounts receivable, (Reversal of provision) provision for doubtful accounts, Write-off of inventories to net realisable value, Loss (profit) after tax from discontinued operations, net, Net result on the disposal of subsidiaries, Profit (loss) attributable to non-controlling interests, Income tax expense (benefit), Pension service cost and actuarial loss, other related expenses, Other fines and penalties, Gain on write-off of accounts payable with expired legal term and Other one-off items. Adjusted EBITDA margin is defined as adjusted EBITDA as a percentage of our Revenue. Our adjusted EBITDA may not be similar to EBITDA measures of other companies. Adjusted EBITDA is not a measurement under IFRS and should be considered in addition to, but not as a substitute for, the information contained in our interim condensed consolidated statement of profit (loss). We believe that our adjusted EBITDA provides useful information to investors because it is an indicator of the strength and performance of our ongoing business operations, including our ability to fund discretionary spending such as capital expenditures, acquisitions and other investments and our ability to incur and service debt. While interest expenses, depreciation and depletion and impairment of goodwill and other non-current assets are considered operating expenses under IFRS, these expenses primarily represent the non-cash current period allocation of costs associated with non-current assets acquired or constructed in prior periods. Our adjusted EBITDA calculation is commonly used as one of the bases for investors, analysts and credit rating agencies to evaluate and compare the periodic and future operating performance and value of companies within the metals and mining industry. Adjusted net profit (loss) represents net profit (loss) attributable to equity shareholders of Mechel PAO before Impairment of goodwill and other non-current assets, Loss (profit) after tax from discontinued operations, net, Net result on the disposal of subsidiaries, Effect on loss attributable to non-controlling interests, Foreign exchange (gain) loss, net, Pension service cost and actuarial loss, other related expenses, Other fines and penalties, Gain on write-off of accounts payable with expired legal term and Other one-off items. Our adjusted net profit (loss) may not be similar to adjusted net profit (loss) measures of other companies. Adjusted net profit (loss) is not a measurement under IFRS and should be considered in addition to, but not as a substitute for, the information contained in our interim condensed consolidated statement of profit (loss). We believe that our adjusted net profit (loss) provides useful information to investors because it is an indicator of the strength and performance of our ongoing business operations. While impairment of goodwill and other non-current assets is considered operating expenses under IFRS, these expenses represent the non-cash current period allocation of costs associated with assets acquired or constructed in prior periods. Our adjusted net profit (loss) calculation is used as one of the bases for investors, analysts and credit rating agencies to evaluate and compare the periodic and future operating performance and value of companies within the metals and mining industry. Our calculations of Net debt, excluding fines and penalties on overdue amounts** and trade working capital are presented below: ** Calculations of Net debt could be different from indicators calculated in accordance with loan agreements upon dependence on definitions in such agreements. EBITDA can be reconciled to our interim condensed consolidated statement of profit (loss) as follows: ****there were certain reclassifications to conform with the current period presentation


MOSCOW, May 25, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the first quarter period ending March 31, 2017, on Wednesday, May 31, 2017. In conjunction with these releases, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive Officer, will host the call. The conference call will take place at the following time: Please dial the number below approximately 10 minutes prior to the scheduled time of the call. Listeners can access the conference call live over the Internet through a link on Mechel's web site at http://www.mechel.com/shareholders/report/ Please take 10 minutes prior to the call to visit the site and download presentation and any necessary audio software.  Additionally, a record of the webcast will be available on our web site. Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products. 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 economic conditions.


MOSCOW, May 25, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the first quarter period ending March 31, 2017, on Wednesday, May 31, 2017. In conjunction with these releases, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive Officer, will host the call. The conference call will take place at the following time: Please dial the number below approximately 10 minutes prior to the scheduled time of the call. Listeners can access the conference call live over the Internet through a link on Mechel's web site at http://www.mechel.com/shareholders/report/ Please take 10 minutes prior to the call to visit the site and download presentation and any necessary audio software.  Additionally, a record of the webcast will be available on our web site. Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products. 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 economic conditions.


MOSCOW, May 25, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), one of the leading Russian mining and metals companies, announces that it intends to release its operational and financial results for the first quarter period ending March 31, 2017, on Wednesday, May 31, 2017. In conjunction with these releases, Mechel will host a conference call, which will be simultaneously broadcast live over the Internet. Oleg Korzhov, Chief Executive Officer, will host the call. The conference call will take place at the following time: Please dial the number below approximately 10 minutes prior to the scheduled time of the call. Listeners can access the conference call live over the Internet through a link on Mechel's web site at http://www.mechel.com/shareholders/report/ Please take 10 minutes prior to the call to visit the site and download presentation and any necessary audio software.  Additionally, a record of the webcast will be available on our web site. Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products. 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 economic conditions.


News Article | September 28, 2017
Site: globenewswire.com

MOSCOW, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), a leading Russian mining and metals company, reports signing agreement with Vnesheconombank on a loan to Elgaugol OOO for a total of up to 190 million US dollars in order to refinance its obligations to Vnesheconombank. Vnesheconombank and Elgaugol OOO which is part of Mechel Group’s mining division, signed a loan agreement on financing for a sum of up to 190 million dollars. These funds will be used to repay the company’s current debt to the bank, which will extend the debt’s maturity until the second quarter of 2022. About two thirds of the loan will be repaid by the borrower according to an agreed schedule and one third — depending on Elgaugol OOO’s financial results during or at the end of the loan agreement period. The loan’s security as set forth in earlier loan agreements remains unchanged. Vnesheconombank’s First Deputy Chairman – Member of the Board Dmitry Kurdyukov noted: “Regarding the Elga project, and taking into account its importance for the industry’s development, as well as to ensure the return of funds loaned earlier, the bank decided to restructure the debt and extended the maturity of debt obligations.” “By signing this agreement with Vnesheconombank, Mechel Group has completed the process of restructuring its debt with Russian banks. Vnesheconombank used a balanced approach in evaluating the results so far achieved in developing this project and made the decision to restructure our current debt and extend the maturity of loan obligations, which is important to us. Development of the Elga deposit is our key investment project which we will continue to work on together with Gazprombank, and our agreement with Vnesheconombank is an important step that enables us to move forward,” Mechel PAO’s Chief Executive Officer Oleg Korzhov commented. Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products. 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 economic conditions.


News Article | September 14, 2017
Site: globenewswire.com

MOSCOW, Sept. 14, 2017 (GLOBE NEWSWIRE) -- Mechel PAO (MOEX:MTLR) (NYSE:MTL), a leading Russian mining and metals company, reports a court decision that may have an impact on the value of Mechel PAO’s shares. According to court information, the Fifteenth Arbitration Court of Appeal left unchanged the decision to charge Mechel PAO jointly with other respondent parties a sum of 12.7 billion rubles to recover Rostov Electrometallurgical Plant OOO’s damages. The lawsuit was based on the claim that Mechel jointly with other respondent parties caused damages to the enterprise by their actions in 2009-2013. The company does not admit these allegations and insists that all deals made within the framework of its cooperation with Rostov Electrometallurgical Plant were transacted based on market economy conditions and so could not damage the enterprise’s operations. Mechel PAO does not agree with the court’s decision and will appeal it in a court of cassation. Mechel is an international mining and steel company. Its products are marketed in Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power. All of its enterprises work in a single production chain, from raw materials to high value-added products. 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 economic conditions.

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