Mechel is discussing selling some of its assets, in particular, energy assets such as Kuzbassenergosbyt and the South Kuzbass State District Power Station, CEO Oleg Korzhov told journalists. "We are operating on the basis that we have assets which would not impact substantially on our cash flow and operations if we removed them from the group. For example, Kuzbassenergosbyt and the South Kuzbass State District Power Station. The same goes for another small plant, the Wartsila Hardware Plant, ...

Mechel’s coal production fell by 17% to 2.13 mln tons in January-March 2025 and increased steel production by 14% to 863,000 tons, the company said in a statement. At the same time, pig iron production increased by 10% in three months to 769,000 tons. Sales of coking coal concentrate declined by 7% year-over-year, amounting to 1.06 mln tonnes, while sales of thermal coal rose by 4%, reaching 903,000 tonnes. At the same time, anthracite sales during the reporting period increased by 1% to 260 ...