Is MTL a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

626 people get MTL articles and Market Currents by email alert.

Get email alerts on MTL »

HEADLINES:

Mechel Reports 1Q2013 Operational Results

GlobeNewswire (May 13, 2013)
Mechel Announces Holding Successful Hot Testing of Universal Rolling Mill at Chelyabinsk Metallurgical Plant

GlobeNewswire (May 6, 2013)
Mechel Announces Signing Agreement With POSCO

GlobeNewswire (Apr 30, 2013)
Mechel Reports Board of Directors' Decision

GlobeNewswire (Apr 30, 2013)
Mechel Announces Signing Loan Agreements With Gazprombank

GlobeNewswire (Apr 29, 2013)
A Meeting Was Held Between Herman Gref, the Chairman of the Board and Chief Executive Officer of Sberbank, and Igor Zyuzin, the Chairman of the Board of Directors of Mechel OAO

GlobeNewswire (Apr 26, 2013)
Mechel Announces Board of Directors' Resolutions

GlobeNewswire (Apr 22, 2013)
Mechel Announces Filing With SEC 2012 Annual Report (Form 20-F)

GlobeNewswire (Apr 17, 2013)
Mechel OAO's CEO Discusses Q4 2012 Results - Earnings Call Transcript
Tue, Apr 16
Mechel Announces Signing Agreement With Baosteel

GlobeNewswire (Apr 15, 2013)
Mechel Announces 2012 Full Year Financial Results Conference Call and Internet Broadcast

GlobeNewswire (Apr 15, 2013)
Mechel Reports the 2012 Financial Results

GlobeNewswire (Apr 15, 2013)
Russian President's Plenipotentiary Representative in Urals Visits Chelyabinsk Metallurgical Plant

GlobeNewswire (Apr 12, 2013)
Mechel Reports Delivery of First Cargo of Quartzites From Uvatsk Deposit

GlobeNewswire (Apr 11, 2013)
Mechel Reports Signing Loan Agreement With VTB

GlobeNewswire (Apr 10, 2013)
Understanding Where Russia Is Today
Elliott Auckland • Tue, Apr 9 • 33 Comments
Mechel Receives Lenders' Approval on Waivers and Amendments to Credit Facilities

GlobeNewswire (Apr 4, 2013)
Mechel OAO Announces Early Redemption of Stock Bonds at Total Sum of 5 Billion Rubles

GlobeNewswire (Mar 28, 2013)
Mechel Announces Signing Agreement With Baosteel

GlobeNewswire (Mar 21, 2013)
Mechel Celebrates 10th Anniversary

GlobeNewswire (Mar 19, 2013)

To learn more about Seeking Alpha Pro, click here.

Can Much-Maligned Mechel Outperform?
Stephen Simpson • Tue, Feb 21, 2012 • 3 Comments
Russian Mechel Steel Roulette
Mohit Aggarwal • Fri, Dec 2, 2011 • 3 Comments
Mechel Mines Mighty Impressive Earnings
Zacks Investment Research • Mon, Apr 11, 2011
Mechel Smashes Forecasts
Emerging Money • Wed, Dec 15, 2010 • 1 Comment
High Conviction: A Russian Miner Leveraging Massive China Demand
Tim Steinle • Tue, Feb 23, 2010 • 17 Comments
Mechel's Disappointing Quarter, And What It Says About Steel
Zacks Investment Research • Sat, Jul 11, 2009 • 1 Comment
Mechel: Glad I Got Out When I Did
TraderMark • Mon, Oct 27, 2008 • 3 Comments
Mechel: The Strength of Russian Steel
Ketul Kirtikumar • Wed, Sep 10, 2008 • 5 Comments
Mechel Ruling is Good News, Contrary to Recent Headlines
Domenic J. Strazzulla • Sun, Aug 17, 2008 • 2 Comments
Mechel: Things Are Looking Up
Domenic J. Strazzulla • Fri, Aug 15, 2008 • 4 Comments
Mechel: Huge Upside - But Not for the Faint of Heart
Domenic J. Strazzulla • Wed, Aug 6, 2008 • 8 Comments
Let's Get Greedy with Mechel Steel
Domenic J. Strazzulla • Thu, Jul 31, 2008 • 10 Comments
Mechel Should Bounce on Russian Deputy P.M.'s Comments
Notable Calls • Tue, Jul 29, 2008 • 14 Comments
Mechel: Putin’s Remarks Create Opportunity for an Attractive Volatility Play
Domenic J. Strazzulla • Fri, Jul 25, 2008 • 12 Comments
Mechel Drops 20% on Putin's Comments
TraderMark • Thu, Jul 24, 2008 • 3 Comments
Mechel: Waiting Til the Smoke Clears
TraderMark • Wed, Jul 23, 2008 • 10 Comments
Will Mechel Raise $2 Billion in a Private Placement Offering?
TraderMark • Fri, Jun 20, 2008 • 4 Comments
Mechel's Earnings Strong, but the Long-Term Matters More
TraderMark • Fri, May 30, 2008 • 1 Comment
Mechel: Continuing to Acquire Most of Eastern Europe's Steel
TraderMark • Thu, Apr 10, 2008 • 4 Comments
Coal is Up, Goldman Downgrade Be Damned
TraderMark • Tue, Feb 19, 2008 • 2 Comments

Understanding Where Russia Is Today
Elliott Auckland • Tue, Apr 9 • 33 Comments
VIX - Options Volatility Sonar: Tuesday Recap
Erick McKitterick • Tue, Dec 4, 2012 • 9 Comments
Hedge Funds Are Buying These 8 BRIC Stocks
Kapitall • Sun, Nov 25, 2012 • 1 Comment
7 Mid Cap Stocks Trading At A Discount With Strong Expected Growth
ZetaKap • Sat, Sep 15, 2012 • 3 Comments
5 Mid Cap Basic Materials Stocks That Appear Undervalued And Projected To Expand
ZetaKap • Fri, Aug 17, 2012 • 1 Comment
On Growing Embedded Value
David Merkel • Sun, Jul 8, 2012 • 16 Comments
United States Steel: A Terrible Trading Session
Sammy Pollack • Fri, Jun 29, 2012 • 5 Comments
Valuation-Based Contrarian Picks
Value Research • Mon, May 28, 2012 • 6 Comments
Cramer's Lightning Round - Industrial America Is Doing Well, But Nobody Cares (5/22/12)
SA Editor Miriam Metzinger • Wed, May 23, 2012 • 2 Comments
Natural Resource-Focused Newgate's Top Q1 High Conviction Bets In Its $1.4 Billion 13-F Portfolio
GuruFundPicks • Mon, Apr 16, 2012
6 Fundamentally Undervalued Materials Stocks
Stookle • Fri, Mar 23, 2012 • 9 Comments
It's Time To Buy These 7 Basic Materials Stocks
Stookle • Tue, Feb 28, 2012 • 2 Comments
BRIC Investor Warning: Thursday Could Be An Inflection Point
Efficient Alpha • Tue, Feb 28, 2012 • 7 Comments
High Yielding Global Oil And Metal Stocks
StreetAuthority • Mon, Feb 27, 2012 • 5 Comments
5 Undervalued Foreign Companies Primed For A Recovery
Kevin Quon • Tue, Feb 14, 2012 • 7 Comments
Posco: Why There Are More Attractive Opportunities In Steel Sector
Alex Shadunsky • Fri, Jan 20, 2012 • 5 Comments
Emerging Market Stocks Are Ripe For Buying: Russia Focus
Stone Fox Capital • Thu, Dec 22, 2011 • 4 Comments
After Enron: Hedging 6 Stocks With High AGR Equity Risk Factors
David Pinsen • Tue, Dec 6, 2011 • 1 Comment
Russian Stocks Ready For A Turnaround
Edgar Ambartsoumian • Mon, Nov 28, 2011 • 7 Comments
Companhia Siderurgica: A Compelling Buy Based On Strong Q3 Report
GuruFundPicks • Fri, Oct 28, 2011

Mechel OAO's CEO Discusses Q4 2012 Results - Earnings Call Transcript
Tue, Apr 16
Mechel's CEO Discusses Q3 2012 Results - Earnings Call Transcript
Wed, Dec 12, 2012
Mechel's CEO Discusses Q2 2012 Results - Earnings Call Transcript
Tue, Oct 2, 2012
Mechel's CEO Discusses Q1 2012 Results - Earnings Call Transcript
Wed, Jun 20, 2012
Mechel's CEO Discusses F4Q11 Results - Earnings Call Transcript
Thu, May 10, 2012 • 1 Comment
Mechel's CEO Discusses Q3 2011 Results - Earnings Call Transcript
Thu, Dec 15, 2011
Mechel OAO's CEO Discusses Q1 2011 Results - Earnings Call Transcript
Wed, Jun 29, 2011
Mechel CEO Discusses FY 2010 - Earnings Call Transcript
Mon, Apr 11, 2011
Mechel Q3 2007 Earnings Call Transcript
Tue, Dec 11, 2007

Mechel Reports 1Q2013 Operational Results

GlobeNewswire (May 13, 2013)
Mechel Announces Holding Successful Hot Testing of Universal Rolling Mill at Chelyabinsk Metallurgical Plant

GlobeNewswire (May 6, 2013)
Mechel Announces Signing Agreement With POSCO

GlobeNewswire (Apr 30, 2013)
Mechel Reports Board of Directors' Decision

GlobeNewswire (Apr 30, 2013)
Mechel Announces Signing Loan Agreements With Gazprombank

GlobeNewswire (Apr 29, 2013)
A Meeting Was Held Between Herman Gref, the Chairman of the Board and Chief Executive Officer of Sberbank, and Igor Zyuzin, the Chairman of the Board of Directors of Mechel OAO

GlobeNewswire (Apr 26, 2013)
Mechel Announces Board of Directors' Resolutions

GlobeNewswire (Apr 22, 2013)
Mechel Announces Filing With SEC 2012 Annual Report (Form 20-F)

GlobeNewswire (Apr 17, 2013)
Mechel Announces Signing Agreement With Baosteel

GlobeNewswire (Apr 15, 2013)
Mechel Announces 2012 Full Year Financial Results Conference Call and Internet Broadcast

GlobeNewswire (Apr 15, 2013)
Mechel Reports the 2012 Financial Results

GlobeNewswire (Apr 15, 2013)
Russian President's Plenipotentiary Representative in Urals Visits Chelyabinsk Metallurgical Plant

GlobeNewswire (Apr 12, 2013)
Mechel Reports Delivery of First Cargo of Quartzites From Uvatsk Deposit

GlobeNewswire (Apr 11, 2013)
Mechel Reports Signing Loan Agreement With VTB

GlobeNewswire (Apr 10, 2013)
Mechel Receives Lenders' Approval on Waivers and Amendments to Credit Facilities

GlobeNewswire (Apr 4, 2013)
Mechel OAO Announces Early Redemption of Stock Bonds at Total Sum of 5 Billion Rubles

GlobeNewswire (Mar 28, 2013)
Mechel Announces Signing Agreement With Baosteel

GlobeNewswire (Mar 21, 2013)
Mechel Celebrates 10th Anniversary

GlobeNewswire (Mar 19, 2013)
Mechel Announces Management Changes

GlobeNewswire (Mar 13, 2013)
Mechel Announces Management Changes at Mechel Bluestone

GlobeNewswire (Mar 7, 2013)

MTL vs. ETF Alternatives

Company Description

Currently, there's no company description for MTL.

Sector: Basic Materials

Industry: Steel & Iron

Country: Russia

All
| Earnings
| Dividends
| M&A
| On the move

Monday, May 13, 11:04 AM Russian steel and coal producer OAO Mechel (MTL -4.4%) reports Q1 coking sales rose 13% Q/Q but fell 11% Y/Y, while sales of anthracite increased 19% Q/Q and fell 12% Y/Y. Coal output dropped 8% and steel output slipped 9% on the quarter, but MTL sees signs of improving market conditions, particularly for metallurgical coal in the Asia and North America. Comment! [Commodities, Earnings, On the Move]
Tuesday, April 30, 10:37 AM Mechel's (MTL -2%) board elects not to pay dividends on ordinary shares and says it has signed a three year agreement to supply 500K tonnes of coking coal and 200K tonnes of PCI coal to POSCO (PKX -0.4%). Comment! [Commodities]
Monday, April 29, 10:11 AM Russian steelmaker Mechel OAO (MTL +4.7%) signs several loan agreements with Gazprombank totaling $1B, but says the deals won't add to its existing leverage. The deeply indebted company has been forced to back off from selling up to 25% of its mining division because of market conditions, reports last week said. Comment! [Commodities, On the Move]
Friday, April 26, 5:56 PM Mechel (MTL) has backed off from selling up to 25% of its mining division because of market conditions, Reuters reports, awaiting an improvement in coal prices. Potential suitors, including some large Southeast Asian steel producers, also reportedly had requested more details on the assets before progressing. MTL, seeking to cut a $9B debt pile, had hoped a sale would bring as much as $1.25B. Comment! [Commodities, Energy, Global & FX]
Monday, April 15, 7:00 PM The list of 52-week lows reached today is littered with miners and resource names: ABX, ACI, AG, AKS, ANV, AU, AUQ, AUY, CDE, CLF, CVE, EGO, EXK, EXXI, FCX, FNV, FST, GFI, GG, GOLD, HL, HMY, IAG, IPI, KGC, MHR, MT, MTL, NEM, NFX, NG, NGD, NOG, PAAS, PWE, RGLD, RIC, SA, SAND, SGY, SSRI, SVM, TCK, TGB, TRQ, WLT, WTI, X. 5 Comments [Commodities, Energy]
Monday, April 15, 12:26 PM Heavily indebted Mechel (MTL -5.8%) is in talks with several major mining companies in Asia, including China's Baosteel, for the sale of a minority stake in its mining unit, its CFO says. MTL has said it wants to refocus on its mining business and sell many of its other non-core assets in an effort to raise ~$4B. (also) Comment! [Commodities, Global & FX, On the Move]
Monday, April 15, 9:15 AM Premarket gainers: S +16%. SVA +13%. BCRX +10%. LIFE +8%. NFP +7%. MGT +7%. TMO +6%. THRX +5%. NVAX +5%.
Losers: AAU -15%. MTL -10%. AUQ -11%. HMY -9%. NGD -8%. CEF -8%. SLW -8%. SAND -9%. KGC -7%. AUY -7%. GOLD -7%. MUX -7%. DSCO -7%. IAG -6%. SVM -6%. GG -6%. PAAS -6%. EGO -6%. AU -5%. CDE -5%. Comment! [On the Move]
Monday, April 15, 9:05 AM Shares of Mechel OAO (MTL) are under pressure after the Russian miner reports a wider than anticipated Q4 loss. Demand for the company's coking coal has suffered amid slowing Chinese growth and financial trouble across Europe. The net loss attributable to shareholders was $1.7B. The stock got a boost last week after the company refinanced current liabilities. Shares -10% premarket. Comment! [On the Move, Commodities]
Wednesday, April 10, 10:05 AM Mechel OAO (MTL +6.2%) refinances liabilities due in 2013 with a new $1.3B loan agreement. The deal with VTB Bank "significantly improves the group's debt structure," CFO Stanislav Ploschenko says. Comment! [On the Move]
Friday, March 22, 11:14 AM Russian miner Mechel OAO (MTL -1.6%) says its subsidiary will supply 960 tonnes of coking coal per year to Baosteel, a leading Chinese steel company. The price will be determined on a monthly basis. The deal benefits both companies tremendously, Mechel's CEO says, and "it marks another important step in consolidation and further expansion of our strategic ties." Comment! [Commodities]
Friday, September 14, 2012, 2:47 PM Mechel OAO (MTL +7.3%) moves up after saying its inked a supply contract with RAO Energy Systems of East, an energy holding company operating in the Far East. Under the pact, Mechel will supply RAO Energy Systems with coal from its Elga Coal Complex. Comment! [Global & FX, Commodities]
Friday, September 14, 2012, 9:10 AM Premarket gainers: BIOF +14%. ALOG +12%. MTL +7%. MT +6%.
Losers: CUR -17%. AUMN -16%. WERN -10%. RP -6%. Comment! [On the Move]
Thursday, August 2, 2012, 9:10 AM Premarket gainers: UNTD +16%. FSLR +16%. CAVM +11%. GMCR +10%. GILD +8%. GPS +7%. VHC +7%. PWR +7%. YGE +7%.
Losers: KCG -57%. HALO -56%. MTG -40%. ARO -28%. SLTM -15%. LPSN -15%. ANF -15%. INCY -13%. VE -11%. BBVA -10%. SEE -10%. MWW -8%. RDN -7%. SAN -7%. NAV -7%. BWP -5%. BMY -5%. MTL -5%. 1 Comment [On the Move]
Wednesday, April 11, 2012, 9:10 AM Premarket gainers: TZOO +30%. TITN +16%. THLD +7%. MITK +6%. BBVA +6%. BCS +6%. AA +5%. ING +5%. IRE +5%. DB +5%. RENN +5%. PCX +5%. HOV +5%. FRO +4%. STD +4%. DRYS +4%. ALU +4%. MT +4%. AVP +4%. GNW +4%. ARNA +4%. ACI +3%. MTL +3%. ZNGA +3%. SSL +3%. DLLR +3%. WLT +3%. RIO +3%. TEF +3%. X +3%. ANR +3%.
Losers: NOK -16%. 1 Comment [On the Move]
Thursday, March 29, 2012, 2:12 PM Shares 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. Comment! [On the Move]
Thursday, March 29, 2012, 9:15 AM Premarket gainers: PSS +11%. RHT +7%. THLS +6%. ILMN +4%. ZLCS +3%. HERO +3%. BNNY +3%.
Losers: CHTP -29%. NBG -6%. NCT -5%. JBLU -4%. BBY -4%. ATPG -3%. ONTY -3%. MTL -3%. ING -3%. BCS -3%. VVUS -3%. ARNA -3%. TOT -3%. Comment! [On the Move]

cswli8
Coal sector had great last two days. Way oversold. $ACI $BTU $JRCC $MTL http://bit.ly/ZWw487
Mar 15, 6:10 PM
Reply (1)

• !Report Abuse
View all 1 replies
DaLatin: http://bloom.bg/XdKmxu Obama an his EPA are coming for coal ! Bet on it. LoL to current shareholders who sell an get what they can
Mar 15, 6:37 PM
• !Report Abuse
Add a reply...

140 characters

iadops40
ARCA steel index ripping! Miners soaring RIO BHP VALE CLF MT MTL
10/16/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Michael Bryant
Russia is commodity heavy. QE will benefit commodities. Mechel OAO (MTL) will do well. http://yhoo.it/RWRlea
9/14/12
Reply (2)

• !Report Abuse
View all 2 replies
wallstreetpro2: i remember when MTL was a high flyer couple years ago made a chunk of cash off that thing
9/14/12
• !Report Abuse
Michael Bryant: MTL was great 2004-2007.
9/14/12
• !Report Abuse
Add a reply...

140 characters

iadops40
ARCA steel index up nice again today. finally the long awaited rebound of iron ore! RIO BHP X VALE MT MTL SID
9/14/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ZetaKap
5 Mid Cap Basic Materials Stocks That Appear Undervalued And Projected To Expand http://bit.ly/Q96PGX $BTU $MTL $STLD $WLT $X @ZetaKap
8/17/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Michael Clark
Lets short: APOL BBVA CNTF DSX ESI GNW HL IES.DE IRE, ITMN, JDSU, KWT, MTL, MXWL, NOG, SAN, VCI, VVUS, WPRT Long: JO, NFLX, BZQ, EEV, FXP
7/19/12
Reply (2)

• !Report Abuse
View all 2 replies
Tack: I must be buying your SAN shorts.
7/19/12
• !Report Abuse
Michael Clark: Must be. Did you notice VVUS dropped 10% last night. Another one of my shorts from yesterday.
7/20/12
• !Report Abuse
Add a reply...

140 characters

Michael Bryant
Mechel OAO (ADR) (MTL) bottomed at $3.55 in 2008/2009. Now it is $6.16. Two years ago, it was $33. PE = 3.95.
6/14/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Michael Bryant
Other than the fact that Mechel OAO (ADR) (MTL) is based in Russia, and who knows what Russia will do, it seems cheap.
6/14/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

DAG1996
btw, about MTL & VNET, not asking about chasing today's gains...been watching a while and just wondering if today might be buy confirmation
2/24/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Michael Bryant
Watch Companhia Siderurgica Nacional (SID) and Mechel OAO (MTL). Forward PE of 4 and 3, respectively. How low can they go?
12/7/11
Reply (1)

• !Report Abuse
View all 1 replies
1980XLS-2.0: Pretty Low.
12/7/11
• !Report Abuse
Add a reply...

140 characters

LATEST REPLIES

cswli8
Coal sector had great last two days. Way oversold. $ACI $BTU $JRCC $MTL http://bit.ly/ZWw487
Mar 15, 6:10 PM
Reply (1)

• !Report Abuse
View all 1 replies
DaLatin: http://bloom.bg/XdKmxu Obama an his EPA are coming for coal ! Bet on it. LoL to current shareholders who sell an get what they can
Mar 15, 6:37 PM
• !Report Abuse
Add a reply...

140 characters

Michael Bryant
Russia is commodity heavy. QE will benefit commodities. Mechel OAO (MTL) will do well. http://yhoo.it/RWRlea
9/14/12
Reply (2)

• !Report Abuse
View all 2 replies
wallstreetpro2: i remember when MTL was a high flyer couple years ago made a chunk of cash off that thing
9/14/12
• !Report Abuse
Michael Bryant: MTL was great 2004-2007.
9/14/12
• !Report Abuse
Add a reply...

140 characters

Michael Clark
Lets short: APOL BBVA CNTF DSX ESI GNW HL IES.DE IRE, ITMN, JDSU, KWT, MTL, MXWL, NOG, SAN, VCI, VVUS, WPRT Long: JO, NFLX, BZQ, EEV, FXP
7/19/12
Reply (2)

• !Report Abuse
View all 2 replies
Tack: I must be buying your SAN shorts.
7/19/12
• !Report Abuse
Michael Clark: Must be. Did you notice VVUS dropped 10% last night. Another one of my shorts from yesterday.
7/20/12
• !Report Abuse
Add a reply...

140 characters

Edgar Ambartsoumian
If you had read my article "Russian Stocks Ready For a Turnaround", you'd make a nice 11% gain from MTL.
11/30/11
Reply (3)

• !Report Abuse
View all 3 replies
Edgar Ambartsoumian: love yandex, was going to include it but was short on time. New company, aggressive growth, low debt, P/E's a bit high
11/30/11
• !Report Abuse
Mohit Aggarwal: Russia is sinking and sinking fast. Capital outflows accelerating
12/29/11
• !Report Abuse
Add a reply...

140 characters

Michael Bryant
Watch Companhia Siderurgica Nacional (SID) and Mechel OAO (MTL). Forward PE of 4 and 3, respectively. How low can they go?
12/7/11
Reply (1)

• !Report Abuse
View all 1 replies
1980XLS-2.0: Pretty Low.
12/7/11
• !Report Abuse
Add a reply...

140 characters

MTL Mechel OAO

MTL

Mechel OAO