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Latest Mechel Stories

2009-04-09 08:45:00

RADNOR, Pa., April 9 /PRNewswire/ -- The following statement was issued today by the law firm of Barroway Topaz Kessler Meltzer & Check, LLP: Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Southern District of New York on behalf of purchasers of securities of Mechel OAO (NYSE: MTL) ("Mechel" or the "Company") between October 3, 2007 and July 25, 2008 inclusive (the "Class Period"). If you wish to discuss this action or have any...

2009-04-06 07:25:00

MOSCOW, April 6 /PRNewswire-FirstCall/ -- Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that blast furnace No. 4 was officially commissioned today at its Chelyabinsk Metallurgical Plant subsidiary (CMP). The furnace was temporarily delayed last November due to its third category capital repair. Blast furnace No. 4 was delayed in November of last year, in connection with the plant's revised production programs and planned lower output. The unit was...

2009-04-03 01:30:00

MOSCOW, April 3 /PRNewswire-FirstCall/ -- Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the completion of the open subscription placement of its preferred shares. The preferred shares placement was completed April 2, 2009, when the procedures of payment and transition of shares to the buyer occurred. During the placement process only one offer to purchase the preferred shares of the Company was submitted. The preferred shares were purchased by one...

2009-03-26 08:00:00

MOSCOW, March 26 /PRNewswire-FirstCall/ -- Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announced a two month extension of its bridge loan taken for the acquisition of Oriel Resources Ltd. On March 25, 2009, following negotiations with the banking syndicate which provided Mechel a one-year loan for the Oriel Resources Ltd. (United Kingdom) acquisition, an agreement for a two month payment term extension was reached. The new payment date is May 15, 2009....

2009-03-26 07:45:00

MOSCOW, March 26 /PRNewswire-FirstCall/ -- Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the starting date to place its preferred shares through public offering. The decision to increase the company's charter capital through placing its preferred shares through public offering and the Prospectus of Securities were approved by the resolution of Mechel OAO's Board of Directors on May 14, 2008. The Russian Federal Financial Markets Service registered...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'kardia,' heart.
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