MECHEL SIGNS COAL SUPPLY AGREEMENT WITH JIDONG CEMENT

Singapore – June 9, 2015 – Mechel ОАО (MICEX: MTLR, NYSE: MTL), one of the
leading Russian mining and metals companies, announces signing a memorandum with
China's Jidong Cement, one of the world's top ten cement producers.
According to the signed memorandum, Mechel is due to supply 1 million tonnes of
steam coal produced at Neryungrinsky and Elga open pits to Jidong Cement between
April 2015 and March 2016. The price and exact volume of the supplies will be
determined on a monthly basis.
The sides also agreed to consider expanding further their cooperation into
supplies of metallurgical coals to Jidong Development facilities.
"The Chinese market remains a priority for Mechel's mining segment. It accounts
for a major share - 70% - of our total sales to the entire Asia Pacific. With a
global slump in demand for coal, it is particularly important for us to develop
long-term ties that enable us to retain our share in the market and ensure the
stability of our coal exports," Mechel Mining Management OOO's Chief Executive
Officer Pavel Shtark commented.
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Mechel OAO
Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com

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Mechel is an international mining and steel company which employs over 67,000
people. Its products are marketed in Europe, Asia, North and South America,
Africa. Mechel unites producers of coal, iron ore concentrate, steel, rolled
products, ferroalloys, heat and electric power. All of its enterprises work in a
single production chain, from raw materials to high value-added products.
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Some of the information in this press release may contain projections or other
forward-looking statements regarding future events or the future financial
performance of Mechel, as defined in the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. We wish to caution you that
these statements are only predictions and that actual events or results may
differ materially. We do not intend to update these statements. We refer you to
the documents Mechel files from time to time with the U.S. Securities and
Exchange Commission, including our Form 20-F. These documents contain and
identify important factors, including those contained in the section captioned
“Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our
Form 20-F, that could cause the actual results to differ materially from those
contained in our projections or forward-looking statements, including, among
others, the achievement of anticipated levels of profitability, growth, cost and
synergy of our recent acquisitions, the impact of competitive pricing, the
ability to obtain necessary regulatory approvals and licenses, the impact of
developments in the Russian economic, political and legal environment,
volatility in stock markets or in the price of our shares or ADRs, financial
risk management and the impact of general business and global economic
conditions.