International Business News - MTL http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Steel producer shares sank Wednesday on fresh evidence of slowing U.S. manufacturing and an analyst's prediction of subdued demand for the rest of the year. http://www.ibtimes.com/articles/20081001/sector-snap-steel-producers-shares-retreat.htm Wed, 01 Oct 2008 11:43:58 EDT Shares of steel producers fell hard Monday after buyers virtually suspended purchases in the expectation that the cost of steel product will fall. "There's actually a buyers' strike at the moment," Soleil analyst Charles Bradford said in a telephone interview. http://www.ibtimes.com/articles/20080929/sector-snap-steel-shares-down-on-buyers-strike.htm Mon, 29 Sep 2008 15:19:08 EDT Mechel OAO, a Russian mining and metals company, said Wednesday that its service and sales subsidiary is acquiring a full stake in HBL Holding GmbH. Terms were not disclosed. http://www.ibtimes.com/articles/20080924/mechel-subsidiary-buying-german-company.htm Wed, 24 Sep 2008 12:28:01 EDT Mechel OAO, a Russian mining and metals company, has launched a medium-section mill in Romania following renovations, the company said Monday. Mechel said it modernized production, including upgrading a furnace, at Mechel Targoviste in Targoviste, Romania. The company said its total investment was the equivalent of $12.8 million. http://www.ibtimes.com/articles/20080818/mechel-oao-launches-medium-section-mill-in-romania.htm Mon, 18 Aug 2008 14:39:42 EDT Among the stock activity stories for Wednesday, Aug. 13, from AP Financial News: NEW YORK (AP)--Shares of Tween Brands hit an all-time low Wednesday, a day after the teen-apparel retailer reported a second-quarter loss and as analysts questioned if its plan to convert Limited Too stores to its lower-priced Justice Brand was a good move. http://www.ibtimes.com/articles/20080813/movers-roundup-tween-brands-bob-evans-farms.htm Wed, 13 Aug 2008 13:49:55 EDT American Depositary Shares of Russia's Mechel OAO rebounded Wednesday following a media report that the Kremlin's investigation into the nation's largest maker of coking coal will soon end without a dismantling of the company as previously feared. http://www.ibtimes.com/articles/20080813/mechel-up-on-report-of-end-to-kremlin-review.htm Wed, 13 Aug 2008 12:42:50 EDT Russian steel firm and coal miner Mechel OAO said local hospitals were treating 17 miners for burns Tuesday after a flash of methane in its coal subsidiary's Lenin Mine. http://www.ibtimes.com/articles/20080729/mechel-says-miners-burned-in-methane-flash.htm Tue, 29 Jul 2008 12:05:01 EDT Shares of steel firm and coal miner Mechel OAO fell more than 25 percent Monday after Russian Prime Minister Vladimir Putin accused the company of tax evasion, adding to its woes that have shaken investors. http://www.ibtimes.com/articles/20080728/mechel-falls-on-putin-comments.htm Mon, 28 Jul 2008 18:52:10 EDT Russian Prime Minister Vladimir Putin increased pressure Monday on steel firm and coal miner Mechel, sending the company's stock plunging in a case that has rattled investors in Russia. http://www.ibtimes.com/articles/20080728/putin-blasts-steel-firm-for-tax-evasion.htm Mon, 28 Jul 2008 17:39:15 EDT Shares in Mechel OAO, a Russian and steel coal company, plunged Thursday after Russian Prime Minister Vladimir Putin was quoted as criticizing the company for its pricing methods. http://www.ibtimes.com/articles/20080724/mechel-oao-shares-plunge-following-putin-criticism.htm Thu, 24 Jul 2008 17:26:14 EDT Shares of steel makers fell Tuesday after AK Steel Holding Corp. said its third-quarter shipments will decline from second-quarter levels and raw material and energy costs are due to increase in the period. http://www.ibtimes.com/articles/20080722/sector-snap-steel-makers-slides-on-weak-outlook.htm Tue, 22 Jul 2008 15:23:10 EDT Mechel Open Joint Stock Co., a Russian miner, said Monday its fiscal first-quarter profit more than doubled and its revenue jumped, due in part to favorable market conditions. http://www.ibtimes.com/articles/20080714/mechel-open-joint-1q-profit-more-than-doubles.htm Mon, 14 Jul 2008 19:03:59 EDT Russian mining conglomerate Mechel OAO said Monday it expects first-quarter profit to more than double on higher prices and cost savings from modernization initiatives. http://www.ibtimes.com/articles/20080707/russias-mechel-reports-big-1q-profit-increase.htm Mon, 07 Jul 2008 12:53:06 EDT Mechel OAO, a Russian mining company, said six workers remained trapped Friday in a southwestern Siberia coal mine. The accident at Mechel's Southern Kuzbass OAO coal unit's Lenin Mine occurred while workers were installing ceiling support sections. http://www.ibtimes.com/articles/20080530/six-workers-trapped-in-russian-coal-mine.htm Fri, 30 May 2008 07:48:44 EDT Among the earnings stories for Thursday, May 29, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080529/earnings-roundup-heinz-costco.htm Thu, 29 May 2008 14:31:21 EDT Russian mining and steel company Mechel OAO said Thursday its 2007 profit surged by more than half, topping Wall Street expectations, as it ramped up production. http://www.ibtimes.com/articles/20080529/mechel-2007-profit-rises-by-more-than-half.htm Thu, 29 May 2008 11:33:26 EDT U.S-traded shares of Mechel OAO rose Wednesday, a day before the Russian mining and metals company is scheduled to report its fourth-quarter and 2007 results. http://www.ibtimes.com/articles/20080528/adrs-in-focus-mechel-rises-before-4q-report.htm Wed, 28 May 2008 15:58:39 EDT Russian mining company Mechel OAO said Wednesday one of its subsidiaries acquired the right to explore for quartzite in the Siberian region of Irkutsk. http://www.ibtimes.com/articles/20080528/russias-mechel-oao-to-explore-for-quartzite.htm Wed, 28 May 2008 11:43:35 EDT U.S.-traded shares of Russian mining and metals company Mechel OAO fell Friday after reports said the Russian government may implement a tariff on steel exports. http://www.ibtimes.com/articles/20080523/adrs-in-focus-mechel-slides-on-russian-tariff-chatter.htm Fri, 23 May 2008 15:53:26 EDT U.S.-traded shares of European companies headed higher Thursday, with the top gainers including wireless companies Telecom Italia SpA and Vodafone Group PLC. http://www.ibtimes.com/articles/20080522/adrs-in-focus-europe.htm Thu, 22 May 2008 15:49:19 EDT