$19.13 -0.54 (-2.75%)
12/3/2009 4:01 PM

Mechel OAO (ADR) (MTL)

CAPS Rating: 4 out of 5

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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Member Avatar kkconway (89.98) Submitted: 12/29/2008 11:43:20 AM : Outperform Start Price: $3.73 MTL Score: +67.71

This Russian coke (fuel) exporter may be high risk, but since they export, their government will probably support them, or at least they have good reason to leave them alone, so they can bring in much needed foreign currency. When their customers start buying, this has a much higher chance of tripling in price than it does of going to zero. Buy.

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