In the first six months of 2010, Mechel Targoviste posted a loss of RON48.2 million.
The company said total sales rose to RON549 million in January to June, from RON374 million in the year-earlier period.
Overall revenue was up 43% to RON613.5 million in the first half, while total costs increased 42% to RON677.2 million.
Russian steel giant Mechel, through its subsidiary Mechel International Holdings, owns 86.6% in the company, while the Romanian privatization authority AVAS holds 4.04% of its shares.
On the Bucharest bourse August 8, Mechel closed flat at RON1 a share. (EUR1=RON4.2855)