Mechel's CEO Discusses F4Q11 Results - Earnings Call Transcript

Mechel OAO (MTL)

F4Q11 Earnings Call

May 10, 2012 10:00 am ET

Executives

Yevgeny V. Mikhel – Chief Executive Officer

Stanislav A. Ploschenko – Chief Financial Officer

Oleg V. Korzhov – Senior Vice President, Economics and Management

Analysts

Dmitry Smolin – UralSib Capital

George Buzhenitsa – Deutsche Bank

Sergey Donskoy – Societe Generale

Presentation

Operator

Thank you and good day everyone. We would like to welcome you to Mechel’s conference call to discuss our Full Year 2011 Results, which were reported today. With us from management today are: Mr. Yevgeny Mikhel, Mechel’s CEO, Mr. Stanislav Ploschenko, Mechel’s CFO, and Mr. Oleg Korzhov, Mechel’s Senior Vice-President for Economics and Management.

After management has made their formal remarks, we will take your questions to the presentation team. Please note that during this call, management will make forward-looking statements, some of which may have been made in the press release. Some of the information on this conference call 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 United States Securities and Exchange Commission, which contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements.

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