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Mechel Steel Group OAO

Mechel OAO, through its subsidiaries, operates as a mining and steel company in the Russian Federation and internationally. The company operates in four segments: Mining, Steel, Ferroalloys, and Power. The Mining segment produces and sells coking and steam coal, metallurgical coal, coke, coking products, iron ore and iron ore concentrate, and limestone. This segment operates four open pit mines and three underground coal mines located in the Kuznetsky basin, near Mezhdurechensk in southwestern Siberia; two open pit mines and one underground coal mine in the Sakha Republic in eastern Siberia, as well as holds the license rights to mine the undeveloped Elga coal deposit; four mining complexes in West Virginia in the United States; and Korshunovsk, Rudnogorsk, and Tatianinsk open pit iron ore mines in the Irkutsk region in central Siberia. It also offers coal washing services. The Steel segment produces and sells semi-finished steel products; carbon and specialty long products; carbon and stainless flat products; and value-added downstream metal products, including wire products, stampings, and forgings. The Ferroalloys segment engages in the production and sale of nickel ore, low-ferrous ferronickel, ferrochrome, and ferrosilicon. The Power segment produces and sells electricity to internal and external customers. It markets electricity and heat energy from its steam coal. This segment also has interests in a power distribution company. It has a strategic partnership memorandum agreement with SAP AG. The company was founded in 2003 and is based in Moscow, Russian Federation.

Address      1, Krasnoarmeyskaya ul. Moscow, 125993 Russia
Website      www.mechel.ru
Holding      No Holding Details

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