Mechel PAO (MTL.N)
24 May 2017
Wed, Apr 26 2017
MOSCOW, April 26 Russian metals and mining giant Mechel could start reducing debt this year if prices for its products hold up and other favourable market conditions continue, it said on Wednesday.
* Says plans to produce 10 million tonnes of coking coal concentrate in 2017. Further company coverage: (Reporting by Moscow Newsroom)
MOSCOW, April 26 Russian metals and mining giant Mechel said on Wednesday it posted a net profit of 1.6 billion roubles ($28.30 million) for the fourth quarter of 2016, versus a net loss of 2.8 billion roubles in the previous quarter.
April 12 Russian coal and steel producer Mechel says:
* Says has revised the constituent lists of the Moscow Exchange Indices effective from March 17
MOSCOW, Feb 13 Russian metals and mining giant Mechel said on Monday its crude steel output increased 10 percent quarter-on-quarter to 1.1 million tonnes in the fourth quarter.
MOSCOW, Nov 29 Metals and mining group Mechel posted a third-quarter net loss of 2.8 billion roubles ($43 million) as a surge in the price of its main product coking coal came too late to bolster its earnings but will boost its fourth quarter, it said.
MOSCOW, Nov 29 Russian metals and mining giant Mechel said on Tuesday its third-quarter crude steel output fell 5 percent quarter-on-quarter to 1 million tonnes.
MOSCOW, Nov 29 Russian metals and mining giant Mechel posted a net loss of 2.8 billion roubles ($43 million) in the third quarter versus a profit of 8 billion roubles a quarter before, it said in a statement.