Mechel OAO · Moscow Russia · (NYSE: MTL)(Russian: SGML)
Company Description
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This link will open in a new window 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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Mechel OAO Executives
40 executives listed for Mechel OAO's Moscow Russia location.
| Title | Name & Bio | Contact |
| Chairman | Valentin Proskurnya | |
| CEO and Director | Igor Zyuzin | |
| First Deputy CEO | Yevgeny Mikhel |
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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