Investments in associates

12 Months Ended

Dec. 31, 2018

Investments accounted for using equity method [abstract]

Investments in associates

8. Investments in associates

Investments in associates comprised of:

	Percent of shares held at						Investment carrying value at
Investee	December 31, 2018			December 31, 2017			December 31, 2018		December 31, 2017
Mechel Somani Carbon (Mining segment)		—			51	%		—		—
TPTU (Mining segment)		40	%		40	%		189		184
TRMZ (Mining segment)		25	%		25	%		104		99
Total investments in associates								293		283

TPTU (Tomusinskiy Transportation Management Center) shares are owned by SKCC. The core business is provision of transportation services. TRMZ (Tomusinskiy Auto Repair Shop) shares are owned by SKCC. TRMZ provides repair services.

The following table shows movements in the investments in associates:

	Mechel Somani Carbon Private Limited (Mining segment)			TPTU (Mining segment)		TRMZ (Mining segment)		Total
December 31, 2015		44			157		83		284
Share of (loss) profit		—			18		7		25
Provision for impairment of investments		(42	)						(42	)
Exchange differences		(2	)		—		—		(2	)
December 31, 2016		—			175		90		265
Share of profit		—			9		9		18
December 31, 2017		—			184		99		283
Share of profit		—			5		5		10
December 31, 2018		—			189		104		293