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$11.63 0.09 (0.78%)
10/7/2008 11:47 AM

Mechel OAO (ADR) (MTL)

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The Company is a low-cost integrated mining and steel group mining business focused on mining products used in the production of steel, primarily coking coal, iron ore and nickel. It also produce a significant amount of steam coal.

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Avatar TJones97 (< 20) Submitted: 7/20/08 8:18 PM : Outperform Start Price: $39.67 MTL Score: -53.82

Consolidating the former Warsaw Pact countries steel operations. Plus, Russia just passed a 500 Billion dollar infrastructure upgrade package..... definitely going to need steel, nickel, etc. Plus Louis Navalier and GS both rate a strong buy...... research looks good and they are in all the right places. Definite long term outperform.

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