MECHEL-SERVICE OOO IS ACKNOWLEDGED RUSSIA’S BEST SALES NETWORK ON FEDERAL LEVEL

Moscow, Russia — November 15, 2011 – Mechel OAO (NYSE: MTL), one of the leading
Russian mining and metals companies, announces that Mechel-Service OOO was
lauded as Russia’s best sales network on the federal level.
The service and sales network Mechel-Service OOO, which is part of Mechel Group,
won the contest for “Russia’s Best Sales Network 2011” in the Best Sales Network
of Federal Level category.
The contest was held by Metal Supply & Sales information and publishing group in
association with the Russian Union of Metal and Steel Suppliers and the
International Industrial Exposition “Metall-Expo’2011”.
Mechel-Service OOO is a Russian-based division of the international sales
company Mechel Service Global and provides small-batch and retail sales of steel
products through an expansive network of branches throughout Russia as well as a
wide range of services. Mechel-Service has 89 warehouses in 72 Russian cities
and towns. The company also includes 18 service centers with modern equipment
for additional processing of steel rolls.
Mechel-Service OOO’s Commercial Director Igor Dorozhkin said as he received the
winner’s certificate and cup: “This award is an acknowledgement of the work done
by our company’s employees — all of them, from a planer to an executive. It
confirms the high quality of our service in marketing steel products, which
Mechel-Service provides all over Russia.”
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Mechel OAO
Ekaterina Videman
Tel: + 7 495 221 88 88
ekaterina.videman@mechel.com
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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.
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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.