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Mechel Presents New Class of Steel for Russian Helicopters

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Tweet Send to a Friend Get Alerts MTL Hot Sheet Price: $2.81 -5.7% Overall Analyst Rating: NEUTRAL ( Up) Trade MTL Now! MOSCOW, July 5, 2013 (GLOBE NEWSWIRE) -- Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports that the Group's Chelyabinsk Metallurgical Plant fulfilled the order for a new class of steel for helicopter-making. The order was placed by the Russian Helicopters holding. High-quality steel was produced in November 2012. The product showed excellent results during preliminary technological testing and is currently passed to industrial production. This type of steel is necessary to manufacture particularly important joints in...

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