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Mechel

October 30, 2007

Mechel announces recertification ?f its Mechel Campia Turzii Romanian subsidiary for ISO 9001:2000 international standard

Campia Turzii, Romania – October 30, 2007 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the completion of the quality management system audit at its Mechel Campia Turzii Romanian subsidiary, resulting in the recertification of its compliance with the ISO 9001:2000 international standard.

A regular supervisory audit of the quality management system for its compliance with the ISO 9001:2000 international standard was completed at Mechel Campia Turzii in October. The original certification of Mechel Campia Turzii’s quality management system was obtained from the international quality assurance company, Lloyd's Register, in 2000, with a recertification conducted in November 2006.

In the process of the audit, the auditors of Lloyd's Register Certification Centre visited the plant’s workshops, departments, units, and test laboratories, and assessed their operations in product quality maintenance for compliance with internal document requirements and procedures. The audit determined that the plant is compliant with the standards. The auditors’ commission made positive note of the plant’s quality system and production organization and management system, distinct task and objective assigning, and appropriate structure of its quality assurance units.

The audit resulted in re-attesting Mechel Campia Turzii’s quality management system for steel rolled stock and hardware production as efficiently functioning. The auditors recertified the plant’s compliance with the established requirements and the ISO 9001:2000 certificate, which shall remain in effect till December 2009.

Mechel Campia Turzii’s General Director Gennadiy Somov noted at the audit’s conclusive meeting: “Mechel Campia Turzii is currently at its final stage of preparing the plant’s development program for 2008-2011, which provides for development of the entire enterprise: from its own steelmaking to producing long products and hardware with high added value. As soon as late 2007, we plan to finalize contracts for delivering equipment, constructing a continuous caster, and reconstructing Wire Mill 230. Long term development of the plant also provides for improving the quality system at Mechel Campia Turzii. The system will enable the plant to maintain its share in the rolled and hardware product market by maintaining high quality levels, while significantly reducing production costs and production cycle time.”

 

 

 

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