The information contained in this Form 6-K is hereby incorporated by reference
into the Company’s Form F-3 (File No. 333-166309).

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

Mechel OAO

RUSSIAN FEDERATION

Krasnoarmeyskaya 1,
Moscow 125993
Russian Federation

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: þ Form 20-F o Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: o Yes þ No

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a

 

 

MECHEL ANNOUNCES Q1 2010 OPERATIONAL RESULTS

Moscow, Russia — April 27, 2010 — Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces operational results for Q1 2010*.

		Q1 2010,				Q1 2010 vs.
Products		thousand tonnes				Q1 2009, %
Coking coal concentrate			2,358				+230
Various types of coal for steel production**			362				+155
Steam types of coal			2,286				-21
Iron ore concentrate			917				+4
Chromium ore concentrate			84				+114
Nickel			3.9				+37
Ferrosilicon (65% and 75%)			22.5				+9
Ferrochromium (65%)			23.4				+186
Coke (6%)			955				+76
Pig iron			1,051				+53
Steel			1,433				+30
Rolled products			1,538				+44
Flat products			103				+53
Long products			955				+41
Billets			480				+48
Hardware			181				+46
Forgings			15.8				+15
Stampings			19.3				+73
Electric power generation (thousand kWh)			1,014,849				+13
Heat power generation (GCcal)			2,571,136				+8

The operational results set out herein may not be reflective of our financial results and are impacted by various factors. In addition, our first quarter results may be impacted by, among other items, higher interest expenses, movements in foreign exchange rates and certain consolidation-related adjustments.

***

Mechel OAO
Ekaterina Videman
Tel.: (495) 221-88-88
ekaterina.videman@mechel.com

***

Mechel is one of the leading Russian companies. Its business includes four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, ferrochrome, ferrosilicon, rolled products, hardware, heat and electric power. Mechel products are marketed domestically and internationally.

***

Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Mechel, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. We wish to caution you that these statements are only predictions and that actual events or results may differ materially. We do not intend to update these statements. We refer you to the documents Mechel files from time to time with the U.S. Securities and Exchange Commission, including our Form 20-F. These documents contain and identify important factors, including those contained in the section captioned “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our Form 20-F, that could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, the achievement of anticipated levels of profitability, growth, cost and synergy of our recent acquisitions, the impact of competitive pricing, the ability to obtain necessary regulatory approvals and licenses, the impact of developments in the Russian economic, political and legal environment, volatility in stock markets or in the price of our shares or ADRs, financial risk management and the impact of general business and global economic conditions.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.