the plan of the government to prevent the spread of coronavirus constructed of prefabricated medical centers to combat infectious diseases. Work on construction sites maintained around the clock.
the Russian defense Ministry has accelerated the construction of 16 medical centers. "Mechel-Service" supplies metal products for the construction of a multifunctional health centres of the Ministry of defense in Odintsovo, Moscow region, Volgograd and Orenburg region. Rental also directed to the construction of hospitals in Novosibirsk and Petropavlovsk-Kamchatsky. Used during the construction of the beam, rebar and sheet production at the Chelyabinsk metallurgical plant (part of Mechel Group).
Today, "Mechel-Service" also provides steel for the construction of infectious hospital in the Voronovo settlement Moscow (addition of a hospital in Kommunarka and infectious hospital №1). Previously on the construction of a health centre in Kommunarka, which is now the main medical institution for patients with coronavirus in Moscow, has delivered more than 5 thousand tons of rebar.
"Today, our challenge is to provide the metal construction of infectious centers in the shortest possible time. We do our best to delivery went as quickly as possible", – said General Director of JSC "Mechel" Oleg Korzhov.
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PAT "Mechel"
Catherine Wiedemann
Tel: +7-495-221-88-88
ekaterina.videman@mechel.com
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Mechel is a global mining and metals company. The company's products are exported to Europe, Asia, North and South America, Africa. Mechel unites producers of coal, iron ore, steel, rolled products, ferroalloys, heat and electric energy. All enterprises work in a single production chain, from raw materials to products with high added value.
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"Mechel-Service" – the service and distribution network that carries on the Russian market the products of metallurgical plants Mechel Group.
53 storage area "Mechel-Service" located in 42 cities of Russia. The company has 18 service centers for additional processing of metal rolling.
"Mechel-Service" implements a wide range of steel products: rebar (including cold), ordinary sheet, corrugated sheet, high-quality rolled wire, BP-1, structural shapes, hardware, ropes, stainless steel long products and flats, welded and shaped tubes, welded mesh.
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Certain statements in this press release may contain projections or forecasts regarding future events or the future financial performance of JSC "Mechel" in accordance with the provisions of Legislative act of the USA about the reform of the judicial process in respect of securities in 1995. We wish to caution You that these statements are only predictions and that actual events or results may differ materially from those stated. We do not intend to revise or update these statements. We refer You to the documents Mechel periodically submit to the Commission securities and exchange Commission, including the annual report on Form 20-F. These documents contain and identify important factors, including those listed under "risk Factors" and "note regarding forecasts contained in this document" in the Form 20-F. These factors can cause significant discrepancies between actual results and our assumptions and projections regarding future events, including, without limitation, the achievement of anticipated levels of profitability, growth, cost-effectiveness of our recent acquisitions, the impact of competitive pricing, ability to obtain necessary regulatory permits and authorizations, condition of the Russian economy, political and legal environment, volatility in stock markets or the value of our shares or ADRs, financial risk management and the impact of General provisions of business and global economic conditions.
03.04.2020
