Oleg Korzhov - Mechel
Last quote by Oleg Korzhov
In the first quarter of 2017 the group showed good financial results. Favourable price trends had their positive impact. Our net profit attributable to equity shareholders of Mechel for the first quarter went up by nearly nine times, reaching 13.9 billion roubles. We, the management, have done everything possible from our side. We asked the banks to consider this possibility. The first step is to get the banks' agreement, but we don't yet have that in hand.feedback
May 31 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Oleg Korzhov is associated, including Mechel and China. Most recently, Oleg Korzhov has been quoted saying: “We can say that the extensive restructuring process with Russian state banks, which hold 67 percent of Mechel's debt, is complete.” in the article Russia's Mechel agrees debt restructuring deal with VTB.
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Quotes by Oleg Korzhov
Dec 26 2016
We can say that the extensive restructuring process with Russian state banks, which hold 67 percent of Mechel's debt, is complete.feedback
Aug 29 2016
The beginning of spring brought a revival of steelmaking commodities export markets and the domestic steel market. Product prices demonstrated growth compared to the lows reached at the end of last year and at the beginning of this year.feedback
Aug 04 2016
Mechel put this market situation to good use. We increased overall mining by 4 percent and redirected some of our chief product - coking coal concentrate - to China, increasing our sales to this country nearly by half quarter-on-quarter. We also made several coking coal shipments to India and Vietnam, which are new markets for us.feedback
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