Mechel OAO | Company profile from Hoover's
 
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Mechel OAO · Moscow Russia · (NYSE: MTL)(Russian: SGML)

Company Description

Krasnoarmeyskaya Street 1
Moscow
12599-3
Russia (Map)
Phone: +7-495-221-88-88
Fax: +7-495-221-88-00
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    Mechel is forging ahead with its steel business while minding its own mining business. The company is one of Russia's largest manufacturers of specialty steels, alloys, and long steel products (along with Evraz and Severstal). Mechel's steel operations mainly consist of semi-finished steel, carbon and specialty long products, and stainless steel flat products used in the automotive, construction, chemical, and rail industries. Through its mining operations, Mechel produces the coal, iron ore, and nickel used in its steel operations, and it also sells these to outside customers. In addition, it owns stakes in power plants and a power distribution company. CEO Igor Zyuzin owns a majority stake in the company. To read the full description, subscribe now.
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    Key Mechel OAO Financials

    Company TypePublic - NYSE: MTL - Russian: SGML

    Headquarters
    Fiscal Year-EndDecember
    2008 Employees83,070

    Mechel OAO Executives

    40 executives listed for Mechel OAO's Moscow Russia location.
    TitleName & BioContact
    ChairmanValentin ProskurnyaEmail
    CEO and DirectorIgor ZyuzinEmail
    First Deputy CEOYevgeny MikhelEmail

    Competition

    Competitive Landscape for Mechel OAO
    Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.
    Top Mechel OAO Competitors
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