Moscow, Russia – May 18, 2005 – Mechel OAO (NYSE: MTL) increased output of its core products in 1Q2005 as compared to the same period last year. Significant growth was achieved in the production of coal and rolled products, with output increasing by 12.8% and 19.7%, respectively.
* All production information is presented in this press release for the full calendar periods of 1Q 2004 and 1Q2005 as if all Mechel's subsidiaries were consolidated for such periods. Mechel's consolidated output of steel, rolled products, and hardware from the date of actual acquisition of the controlling stake in Izhstal, i.e. from May 2004, is as follows: increases by 23.1% in steel, 26% in rolled products, and 18.7% in hardware as compared to 1Q2004.
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Mechel OAO
Irina Ostryakova
Director of Communications
Phone: 7-095-258-18-28
Fax: 7-095-258-18-38
irina.ostryakova@mechel.com
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