MECHEL REPORTS SUPPLYING ULAK-ELGA RAILWAY WITH CHELYABINSK METALLURGICAL
PLANT’S RAILS

Chelyabinsk — July 31, 2014 – Mechel OAO (NYSE: MTL), one of the leading Russian
mining and metals companies, reports supplying a batch of R65 rails produced by
Chelyabinsk Metallurgical Plant for expanding the carrying capacity of its
321-kilometer Ulak-Elga railway which provides railway access to the Elga coking
coal deposit.
The supplied rails will enable the company to lay 25 kilometers of service
tracks for Elga Coal Complex.
These rails were produced using Elga’s coking coal concentrate in the coke and
chemical process, thereby attaining additional synergistic effect between Mechel
Group’s enterprises.
Chelyabinsk Metallurgical Plant’s rails were certified by the project research
and scientific research for industrial transport institute ZAO
Promtransniiproekt as compliant with the TU 14-2P-475-2013 standard. Those are
wide-gauge rails for technological tracks of an enterprise’s railway transport.
“Supplying rails produced by Chelyabinsk Metallurgical Plant has strategic
importance for the Elga deposit’s development and consolidating intra-Group ties
between Mechel’s enterprises. This is an important stage not only in developing
Elga, but also in mastering production at the universal rolling mill, because it
will enable us to prove in practice the high quality of Chelyabinsk
Metallurgical Plant’s rails in Far North’s conditions,” Mechel OAO’s Chief
Executive Officer Oleg Korzhov said.
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Mechel OAO
Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com

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Mechel is an international mining and steel company which employs over 70,000
people. Its products are marketed in Europe, Asia, North and South America,
Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled
products, ferroalloys, heat and electric power. All of its enterprises work in a
single production chain, from raw materials to high value-added products.
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Some of the information in this press release may contain projections or other
forward-looking statements regarding future events or the future financial
performance of Mechel, as defined in the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. We wish to caution you that
these statements are only predictions and that actual events or results may
differ materially. We do not intend to update these statements. We refer you to
the documents Mechel files from time to time with the U.S. Securities and
Exchange Commission, including our Form 20-F. These documents contain and
identify important factors, including those contained in the section captioned
“Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our
Form 20-F, that could cause the actual results to differ materially from those
contained in our projections or forward-looking statements, including, among
others, the achievement of anticipated levels of profitability, growth, cost and
synergy of our recent acquisitions, the impact of competitive pricing, the
ability to obtain necessary regulatory approvals and licenses, the impact of
developments in the Russian economic, political and legal environment,
volatility in stock markets or in the price of our shares or ADRs, financial
risk management and the impact of general business and global economic
conditions.