OREANDA-NEWS. On December 11, 2007 Mechel OAO (NYSE: MTL), a leading Russian integrated mining and steel group, announced results for the nine months ended September 30, 2007, reported the press-centre of Mechel.

Igor Zyuzin, Mechel’s Chief Executive Officer, commented: “In the first nine months of 2007, Mechel has demonstrated strong financial results, supported by steadily rising production output and a favorable environment across our customer markets. Today we can say with certainty that 2007 will be the second year in a row when the Company will achieve record financial results. Net income for the first three quarters of this year far exceeded net income for the whole year of 2006, which was the best year for financial performance in Mechel’s history.”

Full report see here: http://www.mechel.com/news/article.wbp?article-id=5365D69D-7E9F-4418-87D0-F2BBC3F4B820