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07 Feb
14:09

Mechel to deregister, terminate US reporting obligations

Russian miner and steelmaker Mechel says it intends to deregister and terminate its United States reporting obligations under the US Securities Exchange Act of 1934 in respect of its common and preferred shares, the company tells Kallanish. On 6 December 2022, the New York Stock Exchange (NYSE) notified Mechel that it determined to commence proceedings to delist the two securities of Mechel — MTL ADR (each representing two common shares) and MTL PR ADR …
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