Mechel's coal production in the first three months of 2024 amounted to 2.568 mln tons, up 22% year-on-year. Iron and steel production decreased by 16% to 701 thousand tons and 758 thousand tons, respectively. Sales of long products decreased by 2% to 582 thousand tons and flat products by 21% to 88 thousand tons. Sales of coking coal concentrate increased by...

Mechel's RAS loss for the 3 months of 2024 amounted to ₽6.5 billion, against a profit of ₽3.25 billion in the previous year. Revenue increased by 13.1% to ₽4.31 billion vs. ₽3.81 billion a year earlier.

Mechel's RAS net profit for 2023 amounted to ₽6.55 billion, compared to a loss of ₽0.033 billion in the previous year. Revenue fell 54% to ₽16.94 billion against ₽36.82 billion a year earlier.

Mechel's IFRS net profit for 2023 amounted to ₽24.25 billion, down 2.7 times from ₽65.17 billion in the previous year. Revenue fell 6.5% to ₽405.88 billion against ₽434.05 billion a year earlier.