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Thu, Jun 30 2016

Russia's Mechel says net debt at around 400 bln rbls

MOSCOW, June 30 The net debt of Russian steel and coal producer Mechel after the sale of its stake in the Elga coal project is around 400 billion roubles ($6.25 billion), Mechel head Oleg Korzhov told a shareholders' meeting on Thursday.

Russia's Mechel says sold stake in coal project to Gazprombank

MOSCOW, June 28 Russian coal and steel producer Mechel has completed the previously announced sale of its 49 percent share in the Elga coking coal deposit to Gazprombank for 34.3 billion roubles ($531 million), it said on Tuesday.

Russia's Mechel Q1 steel output down 6 pct, coal up 3 pct y/y

MOSCOW, June 23 Russian coal and steel producer Mechel said on Thursday its first-quarter steel output fell 6 percent, while coal production rose 3 percent compared with the same period a year ago.

BRIEF-Russia's Mechel says appoints new CFO

* Reports the appointment of Sergey Rezontov as the company's Chief Financial Officer;

Russia's Mechel: holders of three bond issues agree to restructuring

MOSCOW, June 6 Indebted Russian coal and steel producer Mechel said on Monday the holders of three bond issues had agreed to restructuring terms, changing the current repayment schedule and future interest.

BRIEF-Polyus and Credit Bank of Moscow to replace Mechel and Pharmstandard on MICEX and RTS indices

* Said on Wednesday that it revised constituent lists of the Moscow Exchange Indices effective from June 16 to Sept. 15, 2016

BRIEF-Russia's Mechel recommends dividend of 0.05 roubles per preferred share

* Its Board of Directors recommended an annual dividend of 0.05 roubles per one preferred share;

UPDATE 1-Russia's Mechel says shareholders approve debt restructuring deals

MOSCOW, May 30 Shareholders of indebted Russian coal and steel producer Mechel approved on a second attempt a series of debt restructuring deals with major creditors, Mechel said in a statement on Monday.

Russia's Mechel says shareholders approve debt restructuring deals

MOSCOW, May 30 Indebted Russian coal and steel producer Mechel said on Monday that its shareholders had approved a series of debt restructuring deals.

CFO of Russian coal and steel group Mechel to leave

MOSCOW, May 24 Andrey Slivchenko, chief financial officer of Mechel, is to leave following the expiry of his two-year contract, the Russian coal and steel producer said in a statement on Tuesday.

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