metcoal.ru - Mechel likely to sell its quarter in Mechel Mining stock or part of Elga deposit

NEWS

17.09.2012

Mechel likely to sell its quarter in Mechel Mining stock or part of Elga deposit

The news was disclosed by the analytical survey of Troika-Dialog.

Selling share in Mechel Mining or in Elga is belated but consistent decision considering Mechel`s financial performance ($9.7 bn of net debt) and recent plumetting of coking coal prices.

Source: metcoal.ru

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