In January through September 2010, the company posted a loss of RON52.5 million.
Mechel Campia Turzii said total sales rose 49% on the year to RON480.5 million in the first nine months of 2011.
Revenue rose 39% to RON517.7 million, while costs were up 38% at RON587.1 million.
Russia’s Mechel, through Mechel International Holdings, owns 86.5% in the Romanian company. Regional investment fund SIF Banat-Crisana (SIF1.RO) holds an 11% stake, while Romania’s privatization authority AVAS owns 1% of its shares.
Mechel also operates steel makers Mechel Targoviste (COS.RO), Laminorul Braila (LMRU.RO) and Ductil Steel Buzau in Romania.
On September 2, Mechel Campia Turzii closed up 17.65% at RON1 a share in Bucharest.