MECHEL
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Platts: Mechel Closes Romanian Steel Plant In Otelu Rosu
Russian steel producer Mechel will shut down its Otelu Rosu billet plant in Romania in October for an indefinite period, a source at Mechel Romania told energy and metals portal Platts Thurs...
Mechel Campia Turzii To Lay Off 400 Staff In August, September
Romanian steel works Mechel Campia Turzii (INSI.RO) Tuesday said it will lay off over 400 employees in August and September, on lack of orders.
Mechel Targoviste 1Q Loss Widens To RON33.5M
Romanian steel maker Mechel Targoviste (COS.RO) Monday said its loss more than doubled to 33.5 million lei (EUR7.5 million) in the first three months, from RON12.6 million in the year-earlie...
Mechel Campia Turzii Redundant Employees May Get EUR2,500 Each For Business Startup
The almost 800 employees of Romanian steel works Mechel Campia Turzii (INSI.RO) to be laid off starting June, might receive, on request, financial aid worth EUR2,500 from the European Global...
Almost Half Of Mechel Campia Turzii's 1,900 Staff To Be Laid Off
Almost 800 of the 1,904 employees of Romanian steel works Mechel Campia Turzii (INSI.RO) will be laid off starting in June, union leader Ioan Pascu said Wednesday, after receiving notice fro...
Mechel Resumes Smelting Production At Otelu Rosu Plant
Russian metals and mining group Mechel OAO resumed on March 24 smelting production at Ductil Steel Otelu Rosu plant in Romania, the company said Tuesday.
Mechel Announces Romanian Plants Resume Production After Halt
Russia’s steel giant Mechel Wednesday said three of its four Romanian plants that ceased production because of bad weather have resumed operations, while the last one is scheduled to start a...
Mechel Halts Production At Two More Plants In Romania Due To Weather
Russian steel giant Mechel Friday said it has temporarily shut down production at its Romanian plants Mechel Targoviste and Ductil Steel Otelu Rosu due to shipping difficulties, just a coupl...
Mechel Targoviste 2011 Loss Shrinks 14% To RON133.4M
Steel processor Mechel Targoviste (COS.RO) reported a 14% year-on-year decrease in its loss for 2011, to 133.4 million lei (EUR), from RON155.1 million.