Mechel reports temporary suspension of steelmaking facilities in Romania and Ukraine

Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports temporary halting of production facilities at Donetsk Electrometallurgical Plant (DEMZ), which is part of Mechel’s steel division, and the schedule for temporary suspension of production at the group’s Romanian steelmaking facilities that are part of Mechel’s Eastern European Steel Division, in both cases due to unfavorable conditions on markets of raw materials and finished steel products.

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