Q3 Profit for Mechel Lower than Expected
Reuters reported that Mechel's (NYSE:MTL) quarterly profits were lower than forecast.
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Tag Archive | "mechel"
Mechel Said to Delay $2 Billion IPO Plan for Coal Mine Unit
Tuesday, September 20, 2011
Bloomberg reported that Mechel (MCX:MTLR) is postponing its planned coal IPO.
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Coal Stocks Swing
Monday, March 2, 2009
Coal stocks have been hit hard in this recession, given slumping electricity demand in the U.S. and the sharp drop-off of steel demand. For shareholders of Patriot Coal Corp (PCX: NYSE), the pain has been particularly acute. The stock lost 96 per cent of its value since last June's record highs. This year alone, Patriot's stock is down 41 per cent versus a 1 per cent decline by the Dow Jones U.S. Coal Index.
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Russia anti-trust body demands Mechel to reduce coal price
Thursday, August 14, 2008
Igor Artemyev, Head of Russia’s anti-trust body, said: Russian miner Mechel should significantly cut the price at which it sells coking coal to domestic steel makers and in return will receive a “less than average” fine. Click here for more information. Click here to visit company’s website.
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- Novadx Ventures Corp. – Emerging Coal Producer
- Prophecy Coal — Fulfilling Asia’s Energy Needs
- SouthGobi – Powering China’s Growth
- Thelon Capital Ltd. – Approximately 14 million tons of Inferred Coal Reserves
- Westcore Energy Ltd.- North American Energy Solutions
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Thursday, December 15, 2011