Mechel ordinary shares have grown in price by 8.47% at the Moscow Stock Exchange. The cost of a share was 93.77 rubles, with the peak at 94.3 rubles. In the first days of the Stock Exchange operation in January, Mechel shares became 60% more expensive – 99.6 rubles on January 8 as opposed to 63.14…
On January 8 the price of ordinary shares of Mechel increased by 30.8%, to 99.8 rubles. Premium shares became 28.85% more expensive – 114.8 rubles. The highest price of the ordinary shares was 104 rubles, up by 64% from the final trades of 2019, and of premium shares – 123.6 rubles, up by 38.7%. (Ukrainian…
Mechel-Service has supplied 2.3 thousand tons of rolled metal for the manufacture of electric line pillars for the Sila Sibiri gas pipeline. The metal has been shipped to the Omsk Electromechanical Works, which has produced pillars. Most of the batch comprised of sheet manufactured at Chelyabinsk Iron and Steel Works of 09G2S steel. (Ukrainian metal)
Mechel has concluded a loan agreement with its Chelyabinsk Iron and Steel Works. The amount of the loan is 4.1 billion rubles, or 1.46% of the total valued of the company assets. The maturity date is December 31, 2022. The volume of the interest has not been disclosed. As of September 30, Mechel net debt…
In July-September Mechel increased coal output by 15% QoQ, to 5.29 million tons. In 9 months mining dropped by 7%, to 13.429 million tons. Pig iron manufacture in Q3 decreased by 7%, to 794 thousand tons, and in January-September – by 10%, to 2.52 million tons. In Q3 Mechel produced 888 thousand tons of steel,…
In July-September Mechel received 74.9 billion rubles of revenue, down by 5% QoQ and by 6% YoY. In 9 months revenue decreased by 4% YoY, to 228.2 billion rubles. EBITDA in Q3 dropped by 9% QoQ and by 29% YoY, to 15 billion rubles. Losses accountable to the shareholders in July-September amounted to 571 million…
Russia’s second biggest lender VTB has bought almost 50 billion rubles of the debt of the metals producer Mechel from Sberbank to become the largest creditor of the group, the bank said in a statement on November 7. “Group VTB has purchased the debt of the group Mechel from Sberbank totaling a little less than…
In January-September Mechel received 4.58 billion rubles of net profit as opposed to a net loss of 11.484 billion rubles last year. Revenue grew by 28%, to 12.157 billion rubles. Gross profit increased by 28.1%, to 12.094 billion rubles, and sales profit – by 31.7%, to 10.888 billion rubles. Mechel’s fixed liabilities decreased by 11.3%,…
