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Shares of Russian-based steel and coking coal producer Mechel (MTL -5.5%) swoon after the...
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Thursday, March 29, 2012, 2:12 PM ETShares of Russian-based steel and coking coal producer Mechel (MTL -5.5%) swoon after the company says it expects to breach certain lending deals and is in talks with banks to waive debt covenants after prices for its products declined last year.
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