core sector communique

Mechel Announces Establishing Its Representative Office in Belarus

Moscow, Russia – October 3, 2011 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces establishing its official representative office in Minsk, the Republic of Belarus. Mechel OAO’s representative office will provide support to the company’s business interests in Belarus, maintain contact with governmental authorities, arrange meetings with representatives of the local business community, search for new partners and ensure informational support for the company’s activities in Belarus. Mechel’s representative office in the Republic of Belarus is located at Pashkevich St. 9, Minsk. Sergei Anatolyevich Dubinsky has been appointed the office’s director. Mechel’s own international representative offices network is one of its key competitive advantages. Today the company’s foreign representative offices successfully operate in Japan, China, South Korea, Ukraine, Romania and Bulgaria. 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, ferrochrome, ferrosilicon, steel, rolled products, hardware, heat and electric power. Mechel products are marketed domestically and internationally.