EquityStory.RS, LLC-News: PJSC Mechel / Key word(s): Miscellaneous 
PJSC Mechel : Mechel Doubles Anthracite Output and Sales 
 
2020-12-16 / 12:00 MSK 
The issuer is solely responsible for the content of this announcement. 
 
                 MECHEL DOUBLES ANTHRACITE OUTPUT AND SALES 
 
   Mezhdurechensk, Russia - 16 December 2020 - Mechel PAO (MOEX: MTLR, NYSE: 
  MTL), one of the leading Russian mining and metals companies, reports that 
            its output and sales of anthracites went up by 83% year-on-year. 
 
In 11 months of 2020, Mechel's anthracite output totaled 1.8 million tonnes, 
                compared to 980,000 tonnes over last year's first 11 months. 
 
    After processing at Southern Kuzbass Coal Company's washing plants, this 
        coal product is used as high-carbon fuel for ferrous and non-ferrous 
              industry as well as limestone and sodium carbonate production. 
 
    This year Southern Kuzbass Coal Company has shipped off over 1.7 million 
        tonnes of anthracites. The company makes deliveries by rail and sea. 
    Southern Kuzbass Coal Company's anthracites are used in Europe (Germany, 
  Belgium, Luxembourg, France, Turkey) and Asia Pacific (Japan, South Korea, 
              China, Vietnam). Its consumers are major industrial companies. 
 
       "Russia is a leader on the global anthracite market, and our Southern 
        Kuzbass Coal Company as a key producer makes a major contribution to 
       maintaining that leadership. We see that demand for anthracites grows 
  steadily both in the West and in the Eastern export markets. Thanks to our 
       target-oriented program of equipment revamping, Southern Kuzbass Coal 
  Company is increasing output of anthracites, and we will make every effort 
       to meet the needs of our consumers," Mechel Mining Management's Chief 
                                       Executive Officer Igor Khafizov said. 
 
                                    *** 
 
Mechel PAO 
 
Ekaterina Videman 
 
Tel: + 7 495 221 88 88 
 
ekaterina.videman@mechel.com 
 
                                    *** 
 
       Mechel is an international mining and steel company. Its products are 
    marketed in Europe, Asia, North and South America, Africa. Mechel unites 
            producers of coal, iron ore concentrate, steel, rolled products, 
      ferroalloys, heat and electric power. All of its enterprises work in a 
   single production chain, from raw materials to high value-added products. 
 
                                    *** 
 
    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. 
 
2020-12-16 MSK Dissemination of a Corporate News, transmitted by 
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The issuer is solely responsible for the content of this announcement. 
 
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Language:    English 
Company:     PJSC Mechel 
             1 Krasnoarmeyskaya Street, Moscow, Russia 
             127006 Moscow 
             Russia 
Phone:       +7 (495) 221-88-88 
Fax:         +7 (495) 221-88-00 
E-mail:      press@mechel.com 
Internet:    www.mechel.ru/ 
ISIN:        US5838406081, RU000A0DKXV5 
WKN:         A2AC1G 
Listed:      Foreign Exchange(s) Moscow, NYSE 
EQS News ID: 1155572 
 
End of News EquityStory.RS, LLC News Service 
 
1155572 2020-12-16 MSK 
 
 

(END) Dow Jones Newswires

December 16, 2020 04:00 ET (09:00 GMT)