Mechel signs contract to construct rail and structural steel mill

Mechel announces that it has signed a contract with Minmetals, one of China’s largest state-owned industrial corporations, to construct a rail and structural steel mill at its Chelyabinsk Metallurgical Plant subsidiary. The commercial agreement, signed today, is the first in accordance with the Memorandum of Intent signed between Mechel and Minmetals on October 28, 2008 at the Third ...