OREANDA-NEWS. On July 29, 2009 Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announced that it has been assigned A-level credit rating by AK&M national rating agency, reported the press-centre of Mechel.

This rating attributes Mechel OAO to the high reliability borrowers category.

Mechel is one of the leading Russian companies. Its business includes four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, ferrochrome, ferrosilicon, rolled products, hardware, heat and electric power. Mechel products are marketed domestically and internationally.