Moscow, Russia – February 11, 2016 – Mechel OAO (MICEX: MTLR, NYSE: MTL), one of the leading Russian mining and metals companies, reports that supplies of 100-meter R65 DT-350 type rails to Russian Railways OAO have begun. Mechel OAO’s Chelyabinsk Metallurgical Plant has already shipped off the first 12,000-tonne batch to Russian Railways.

Chelyabinsk Metallurgical Plant supplies rails as part of a supplementary agreement to the 2008 strategic contract between the two companies. In 2016 supplies are due to amount to 150,000 tonnes. In particular, Russian Railways will use those rails for construction and reconstruction of North Caucasian and Kuibyshev railroads.

The rails are fully in compliance with Russian Railways’ requirements and were produced according to the certificate granted to Chelyabinsk Metallurgical Plant by Federal Railway Transport Certification Register in June 2015.

“Today prompt fulfillment of Russian Railways’ order is an absolute priority for Chelyabinsk Metallurgical Plant,” Mechel OAO’s Chief Executive Officer Oleg Korzhov noted. “The technology mastered by the plant enables it to produce rails whose qualities are on par with the best international peers and meet all needs of our country’s transport infrastructure development.”

Chelyabinsk Metallurgical Plant’s rails were produced using a unique heat treatment technology which enables the plant to produce rolls with superior wear resistance, durability and endurance limit. The plant produces rails at its universal rolling mill with a 1.1-million-tonne capacity, using the most advanced rolling, correction, processing and quality control technologies.

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Mechel OAO
Ekaterina Videman
Phone: +7 495 221-88-88
ekaterina.videman@mechel.com