Mechel Announces Establishing Its Representative Office in Japan

Moscow, Russia – October 5, 2009 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces establishing its official representative office in Tokyo, Japan. The date of official opening of Mechel’s representative office in Japan is October 1, 2009. The representative office of the company will support Mechel’s business in Japan, including conducting market researches, arranging meeting with partners and searching for new ones, advertising the Group’s products, and performing representative functions. Mechel OAO representative office in Japan is located at the address: №302 Atagoyama Bengoshi Building 1-6-7 Atago Minato-ku, Tokyo 105-0002. Availability of Mechel Group’s own international representative offices network is one of its important competitive advantages. Mechel’s offices in various countries of the world enable it to carefully monitor regional markets’ fluctuations and to be prepared for changes in such markets’ demands and start supplies of necessary products to the customers promptly. Mechel has long-standing partnership relations with Japanese consumers of its products. It supplies coking and steam coal concentrates produced by its Yakutugol subsidiary as well as ferrosilicon and ferrochrome to Japan. Mechel’s new representative office is already the second company’s office in the Asia-Pacific region. Previously, in August 2009, Mechel opened its representative office in Seoul, the Republic of Korea (South Korea). In addition to Japan and South Korea, Romania and Republic of Bulgaria are the countries of successful operations of the company’s representative offices. Mechel is one of the leading Russian companies. Its business includes four segments: mining, steel, ferroalloy and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, ferrochrome, ferrosilicon, rolled products, hardware, heat and electric power. Mechel products are marketed domestically and internationally.