Coal firms Mechel and Raspadskaya recorded high losses in 2024 as the Russian government tries to bail out the key sector.

Mechel Group's net debt at the end of 2024 increased by 4% and amounted to 259.4 bln rubles ($2.93 bln) MOSCOW, February 20. /TASS/. At the end of 2024, Mechel Group agreed with a Russian bank to ...

MOSCOW, January 21. /TASS/. Mechel Group has reached an agreement to postpone payments on part of the principal from 2025-2026 to 2027-2030, which will allow lowering the burden on the company’s ...

Russian coal and steel producer Mechel , which was sanctioned by the United States just under a year ago, has agreed a new debt restructuring as low coal prices and high interest rates put ...

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