Mechel PAO (MTL.N)
22 Aug 2017
Thu, Jul 27 2017
MOSCOW, July 27 Russian state development bank Vnesheconombank (VEB) said on Thursday it had approved debt restructuring of the Elga coal project owned by miner Mechel . (Reporting by Kira Zavyalova; writing by Vladimir Soldatkin; editing by Dmitry Solovyov)
June 30 Russian coal and steel producer Mechel told an annual shareholder meeting on Friday:
MOSCOW, June 8 The board of Russian metals and mining giant Mechel has recommended paying full dividends to preferred shareholders for the first time since 2011 now the company has fought back from the brink of bankruptcy.
MOSCOW, June 8 Russian metals and mining giant Mechel said on Thursday its board had recommended a 2016 dividend of 10.28 roubles ($0.1805) per preferred share, its first full payout since fighting back from the brink of bankruptcy last year. ($1 = 56.9420 roubles) (Reporting by Jack Stubbs; Editing by Maria Kiselyova)
* SAID ON THURSDAY THAT IT HAS REVISED THE CONSTITUENT LISTS OF THE MOSCOW EXCHANGE INDICES AS WELL AS FREE FLOATS EFFECTIVE FROM JUNE 16
* Company has fought back after struggling with debts (Adds details)
* Company has asked creditors for permission to pay dividends on preferred shares for 2016, no agreement reached yet. Further company coverage: ($1 = 56.7590 roubles) (Reporting by Moscow Newsroom)
MOSCOW, May 31 Russian metals and mining giant Mechel said on Wednesday its net profit jumped to 13.9 billion roubles ($245 million) in the first quarter, compared to a profit of 312 million roubles in the same period last year.
MOSCOW, May 31 Russian metals and mining giant Mechel said on Wednesday its crude steel output increased 8 percent year-on-year in the first quarter to 1.1 million tonnes.
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.