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Corporate information (Tables)
 12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Summary of Corporate Information

Set forth below is a summary of the Group’s primary subsidiaries:

 

Name of subsidiary

    Registered in    Core business    Date control
acquired / date of
incorporation (*)		      Interest in voting stock held
by the Group at
December 31, 2018		  

Southern Kuzbass Coal
Company (SKCC)

    Russia    Coal mining      January 1999        99.1 % 

Chelyabinsk Metallurgical Plant (CMP)

    Russia    Steel products      December 2001        94.2 % 

Vyartsilya Metal Products Plant (VMPP)

    Russia    Steel products      May 2002        93.3 % 

Beloretsk Metallurgical Plant (BMP)

    Russia    Steel products      June 2002        94.8 % 

Urals Stampings Plant (USP)

    Russia    Steel products      April 2003        93.8 % 

Korshunov Mining Plant (KMP)

    Russia    Iron ore mining      October 2003        90.0 % 

Mechel Nemunas (MN)

    Lithuania    Steel products      October 2003        100.0 % 

Mechel Energo

    Russia    Power generation
and sale		      February 2004        100.0 % 

Port Posiet

    Russia    Transshipment      February 2004        97.8 % 

Izhstal

    Russia    Steel products      May 2004        90.0 % 

Port Kambarka

    Russia    Transshipment      April 2005        90.4 % 

Mechel Service

    Russia    Trading      May 2005        100.0 % 

Mechel Coke

    Russia    Coke production      June 2006        100.0 % 

Moscow Coke and Gas Plant (Moskoks)

    Russia    Coke production      October 2006        99.5 % 

Southern Kuzbass Power Plant (SKPP)

    Russia    Power
generation		      April 2007        98.3 % 

Kuzbass Power Sales Company (KPSC)

    Russia    Electricity
distribution		      June 2007        72.1 % 

Bratsk Ferroalloy Plant (BFP)

    Russia    Ferrosilicon
production		      August 2007        100.0 % 

Yakutugol

    Russia    Coal mining      October 2007        100.0 % 

Port Temryuk

    Russia    Transshipment      March 2008        100.0 % 

Mechel Carbon AG

    Switzerland    Trading      April 2008        100.0 % 

HBL Holding GmbH (HBL)

    Germany    Trading      September 2008        100.0 % 

Mechel Service Stahlhandel Austria GmbH and its subsidiaries

    Austria    Trading      September 2012        100.0 % 

Elgaugol

    Russia    Coal mining      August 2013        51.0 %** 

Elga-road

    Russia    Railroad
transportation		      January 2016        51.0 %** 

 

*

Date, when a control interest was acquired or a new company established.

 

**

In 2016, the Group sold 49% stakes in Elgaugol and Elga-road to Gazprombank. Simultaneously with this transaction, the Group granted to Gazprombank a put option to sell 49% stakes in these companies to the Group. The transaction in fact represents a financial liability, and these entities are consolidated based on 100% ownership (Notes 6 and 11.4).