Shares of Mechel Steel (MTL) fall 13.3% after the Russian mining and steel firm reports the...

|About: Mechel OAO (MTL)|By:, SA News Editor

Shares of Mechel Steel (MTL) fall 13.3% after the Russian mining and steel firm reports the suspension of work at several facilities in Siberia by local authorities. The company says most of the requirements set by a monitoring agency have now been met, and it expects to resume normal production within a few days.