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PJSC Mechel, US5838406081

PJSC Mechel, US5838406081

20.05.2021 - 12:03:03

EQS-News: PJSC Mechel : Mechel Reports 1Q2021 Operational Results

Product Name

1Q2021, thousand tonnes

1Q2020, thousand tonnes

%

1Q2021, thousand tonnes

4Q2020, thousand tonnes

%

Run-of-Mine Coal*

2,642

4,279

-38

2,642

2,816

-6

Pig Iron

771

872

-11

771

883

-13

Steel

849

876

-3

849

1,000

-15

Electric power generation (thousand kWh)

854,503

884,354

-3

854,503

855,671

0

Heat power generation (Gcal)

2,063,718

1,836,563

+12

2,063,718

1,763,468

+17

?

Sales:

?

Product Name

1Q2021, thousand tonnes

1Q2020, thousand tonnes

%

1Q2021, thousand tonnes

4Q2020, thousand tonnes

%

Coking Coal Concentrate*

876

1,424

-38

876

1,140

-23

Including coking coal concentrate supplied to third parties

487

1,048

-54

487

720

-32

PCI

254

445

-43

254

378

-33

Including PCI supplied

to third parties

254

445

-43

254

378

-33

Anthracites

360

268

+34

360

377

-4

Including anthracites supplied to third parties

320

212

+51

320

339

-6

Thermal Coals*

977

882

+11

977

1,167

-16

Including thermal coals supplied to third parties

701

619

+13

701

896

-22

Iron Ore Concentrate

327

572

-43

327

513

-36

Including iron ore concentrate supplied to third parties

8

7

+15

8

8

0

Coke

616

623

-1

616

756

-19

Including coke supplied to third parties

238

198

+20

238

336

-29

Ferrosilicon

18

13

+42

18

16

+10

Including ferrosilicon supplied to third parties

13

8

+63

13

13

0

Long Rolls

564

648

-13

564

607

-7

Flat Rolls

105

124

-15

105

115

-8

Hardware

117

133

-12

117

141

-17

Forgings

9

12

-29

9

9

+3

Stampings

12

23

-46

12

7

+87

?

?

*Excluding volumes produced by Elga Coal Complex which is no longer part of the Group.

?

Universal Rolling Mill:

?

Product Name

1Q2021, thousand tonnes

1Q2020, thousand tonnes

%

1Q2021, thousand tonnes

4Q2020, thousand tonnes

%

Sales of rails

17

116

-86

17

24

-31

Sales of sections

82

76

+8

82

98

-16

?

***

Mechel PAO

Ekaterina Videman

Tel: + 7 495 221 88 88

ekaterina.videman@mechel.com

***

?

Mechel is an international mining and steel company. 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.

***

?

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.

?

20.05.2021 MSK Dissemination of a Corporate News, transmitted by EquityStory.RS, LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.The EquityStory.RS, LLC Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: PJSC Mechel 1 Krasnoarmeyskaya Street, Moscow, Russia 127006 Moscow

Russia Phone: +7 (495) 221-88-88 Fax: +7 (495) 221-88-00 E-mail: press@mechel.com Internet: www.mechel.ru/ ISIN: US5838406081, RU000A0DKXV5 WKN: A2AC1G Listed: Foreign Exchange(s) Moscow, NYSE EQS News ID: 1198892 ? End of News EquityStory.RS, LLC News Service

1198892??20.05.2021?MSK

@ dgap.de