Mechel, founded in 2003, is one of Russia’s leading coal and steel producers.

Mechel’s fully integrated business consists of four segments: mining, steel, ferroalloys and power. The company has production facilities in 13 of Russia’s regions, as well as the United States, Kazakhstan, Romania, Lithuania and Bulgaria.

Mechel is comprised of over 30 production enterprises, producing coal, iron ore concentrate, steel, rolled products, steel downstream products, ferroalloys, heat and electric power. All of the group’s enterprises work within a single production chain — from raw materials to high value-added products. The holding also owns three trade ports, a transport operator and international sales and service networks. Mechel’s products are sold in Russia and abroad. The company has over 93,000 personnel.

Mechel is one of the world’s top five coking coal concentrate producers (excluding Chinese producers), Russia’s top coking coal concentrate producer and Russia’s third largest coal miner. The company controls over a quarter of Russia’s total coking coal washing facilities. Mechel is Russia’s second rolled products manufacturer as well as the largest and the most diversified producer of specialty steels and alloys in the country.

Mechel is the first and still the only coal mining and metals company in the region of Eastern and Central Europe and Russia with its shares placed on the New York Stock Exchange. Starting in May 2010, Mechel’s preferred shares are also traded on the New York Stock Exchange.

Financial results of 2011’s nine months set Mechel’s net revenue at $9.6 billion, with net income at $527 million and EBITDA at some $1.9 billion (in accordance with US GAAP).

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