Mechel PAO

Mechel PAO is among the biggest Russian mining and metals companies that produce coal, iron ore, steel, rolled products, and other related products. The company was founded in 2003 and is headquartered in Moscow, the company sells its products in Russia and overseas, and is formally known as Public Joint Stock Company Mechel. In Russia, the company is also known for sponsoring the ice hockey clubs Izhstal based in Izhevsk (Udmurtia), and Mechel based in Chelyabinsk, both of which are playing in the Russian Major League.

Mechel PAO operates mines, processing plants, and metallurgical facilities in several regions of Russia, including Siberia, the Urals, and the Far East. The company is one of the leading producers of coking coal in Russia and is also a major supplier of iron ore to the global market. The company also has several steel and metal production facilities that produce long and flat products, including rails, wire rods, rebars, and sheets. The company also has a power generation business that supplies electricity to its own operations as well as to external customers.

As of April 2023, Mechel PAO has a market cap of $1.20 Billion. According to Mechel PAO's latest financial reports, the company's current revenue (TTM) is $5.44 B. In 2020 the company made a revenue of $3.51 B a decrease over the years 2019 revenue that was $4.64 B.

Founded: 2003