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Shares of Mechel have risen more than 50%
On the Moscow Stock Exchange, the shares of the leading Russian mining and metallurgical company Mechel OAO have doubled: the rise in price of the company's ordinary shares amounted to 2%, and the preferred ones - 56,49%. Thus, their price was 53,24 rubles. and 17,76 rubles. respectively.
Experts and stock market analysts believe that this situation has developed, firstly, as a result of Mechel's active efforts to restructure its debt, and secondly, due to the devaluation of the ruble and the rise in metal prices.