Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2012
Further shareholder and environmental-related claims
Minority investors and other claimants brought proceedings involving Mechel subsidiaries, including allegations concerning share issuance, related-party loans and environmental oversight. The cited account states that courts ruled for plaintiffs in the described cases.
2008
Government criticism and coking-coal pricing investigation
Vladimir Putin accused Mechel of selling raw materials to offshore affiliates at prices substantially below domestic levels. The Federal Antimonopoly Service later found a competition-law violation, fined the company and recommended lower domestic coking-coal prices. The episode caused a major share-price decline and damaged Mechel's access to equity financing.
2002
Minority-shareholder disputes during Southern Kuzbass consolidation
Several investment funds alleged that minority shareholders were disadvantaged during the consolidation of Southern Kuzbass assets. The financial-markets regulator found violations involving disclosure and shareholder rights, and Mechel was ultimately required to buy out affected minority holders at market prices.