Las Vegas, NV -- (SBWIRE) -- 09/18/2013 -- Mechel OAO (ADR) (NYSE:MTL) gained 1.11 percent and is trading at $3.63. The company has market capitalization of 1.49 billion and has 416.27 million share volumes in the market. The share traded between highest of $7.93 and lowest of $2.60 during last 52 weeks.
MTL, according to the last updates, intended to help flood victims in Amur, Russia. The floods damaged homes and farms and devastated local infra-structure. The company announced to send 142 wagons of coal from Elga deposit.
Mechel OAO is mining and steel firm based in Russia. MTL produces mining products, like iron, coal, iron, nickel, and steel items. The company operates MTL in segments of mining and steel. Company’s mining deals with production and commercialization of iron ore concentrate, coking coal concentrate, and coke. The segment of steel produces half-finished steel items and carbon products.
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