Best Canadian Companies For 2015

Best Canadian Companies For 2015: Mechel Steel Group OAO (MTL)

Mechel OAO, together with its subsidiaries, engages in mining and steel businesses in the Russian Federation, other CIS countries, Europe, Asia, the Middle East, the United States, and internationally. The company operates through four segments: Mining, Steel, Ferroalloys, and Power. The Mining segment engages in the production and sale of metallurgical and steam coal, coke, iron ore, and limestone, as well as chemical products, such as coal tar, naphthalene, and other compounds. The Steel segment produces and sells semi-finished steel products, carbon and special long products, and carbon and stainless flat products, as well as metal products, including wire products, forgings, and stampings. The Ferroalloys segment is involved in the production and sale of nickel ore, low-ferrous ferronickel, ferrochrome, and ferrosilicon. The Power segment engages in the generation and sale of electricity and heat energy from steam coal; and power distribution activities. The company, f ormerly known as Mechel Steel Group OAO, was founded in 2003 and is based in Moscow, the Russian Federation.

Advisors' Opinion:

• [By MONEYMORNING.COM]

  As a result, Russian stocks have generally been getting hammered. To keep the data clean and discrete, I ran the charts over the last three months. In that period, energy giants Gazprom OAO (OTC: OGZPY) and CNOOC Ltd. (ADR) (NYSE: CEO) are both off more than 18%. The steel company Mechel OAO (ADR) (NYSE: MTL) is off 24%.

• [By Lisa Levin]

  Mechel OAO (NYSE: MTL) shares reached a new 52-week low of $1.57. Mechel's trailing-twelve-month revenue is $120.84 million.

  Posted-In: 52-Week LowsNews Movers & Shakers Intraday Update Markets

• [By Jake L'Ecuyer]

  Mechel OAO (NYSE: MTL) was down,! falling 2.33 percent to $2.52 after the company appointed Senior Vice-President for Economics and Management Oleg Korzhov as its Chief Executive Officer.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-canadian-companies-for-2015-2.html