Chapters: Yakutugol, Southern Kuzbass Gres. Source: Wikipedia.
Pages: 18. Not illustrated. Free updates online. Purchase includes
a free trial membership in the publisher's book club where you can
select from more than a million books without charge. Excerpt:
Mechel (Russian: ) (RTS: MTLR, NYSE: MTL, NYSE: MTLPR) is one of
Russias leading mining and metallurgical companies, producing coal,
iron ore, nickel steel, rolled steel products, hardware, heat and
electric power. Headquartered in Moscow, the company operates
facilities in Russia, Romania, Lithuania, Kazakhstan, Bulgaria, and
the United States. The company was incorporated on March 19, 2003.
Its American Depositary Shares and ADS preferred stock are traded
on the New York Stock Exchange. As of May 24, 2010, Mechel has a
stable corporate family rating of "B1" as well as a "B1"
probability of default rating, both assigned by Moody's. Russia
United States Russia Romania Lithuania Russia Kazakhstan Russia
Bulgaria Sales Transportation Additionally, Mechel operates three
port facilities: Mechel's stock plunged by almost 38 percent on
July 24, 2008 after Russia's Prime Minister Vladimir Putin
criticized its CEO Igor Zyuzin, and accused the company of selling
resources to Russia at higher prices than those charged to foreign
countries. The comments, which raised fears of another attack
similar to that made on Yukos in 2004, contrasted sharply with
previous efforts by President Dmitry Medvedev to improve Russia's
reputation as an investor-friendly country. On the following day,
July 25, the company issued a contrite statement promising full
cooperation with federal authorities, while share values rebounded
by nearly 15 percent. Presidential aide Arkady Dvorkovich also
sought to restore calm on July 28, declaring that all parties would
"act in a civilized way," and confirming that Mechel was
cooperating with antitrust authorities. Just hours later, however,
Putin announced that...More: http: //booksllc.net/?id=71995
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