MECHEL HAS PARTICIPATED AT THE METAL EXPO’ 2009 ANNUAL EXHIBITION

Moscow, Russia – November 16, 2009 – Mechel OAO (NYSE: MTL) has participated the
15th Metal Expo’ 2009 international industrial exhibition that was held at the
Crocus Expo International Exhibition Center November 10th to 13th, 2009.
500 organizations from twenty-five countries worldwide were featured at Metal
Expo’ 2009 traditional forum of steelmakers. 18,500 experts representing various
industries visited the booths at the event served by 2,700 representatives of
the companies. The exhibition in Moscow included thirty conferences, panel
discussions, seminars, and presentations with participation of approximately
3,000 top executives and experts in steelmaking and related industries.
The integrated corporate booth of Mechel presented the products of the Group’s
subsidiaries, such as Chelyabinsk Metallurgical Plant OAO, Izhstal OAO,
Beloretsk Metallurgical Plant OAO, Urals Stampings Plant OAO, and Vyartsilya
Metal Products Plant ZAO. The booth was served by representatives of Mechel
Steel Management OOO (Mechel steel division), Mechel Service Global
international steel trading holding subsidiaries’ representatives including
representatives of its Russian sales and services subsidiary Mechel Service OOO.
A total of 80 representatives of Mechel and its subsidiaries worked at the
exhibition.
Mechel subsidiaries gained several prizes and awards in several nominations of
the event. The company was awarded a diploma for professional presentation of
services and goods and a cup for the best exposition.
Nash Mechel (Our Mechel) corporate magazine won the corporate media competition
(The Best Corporate Publication in the Steel Industry ‘2009) held by the Metal
Supply and Sales magazine in the nomination of the Best Corporate Edition for
Partners and Clients. Mechel’s periodicals has already had several prizes in
this competition. Thus, Nash Mechel magazine was awarded as the best corporate
magazine in 2006. In 2006 and 2007 Chelyabinsky metallurgist newspaper was
awarded as The Best Publication of Metallurgical Plants.
Video presentation by Chelyabinsk Metallurgical Plant was a prize winner of
Metal Vision’2009 competition for the best video on steelmaking in Russia and
CIS. Last year another Mechel’s subsidiary Beloretsk Metallurgical Plant won a
prize and diploma for the best scenario.
Mechel Service became the winner in the ½ A4 nomination of The Best Layout for
Advertising in Steelmaking and Steel Trade traditional competition held by Metal
Supply and Sales magazine.
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Mechel OAO
Ilya Zhitomirsky
Phone: + 7 495 221 88 88
ilya.zhitomirsky@mechel.com

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Mechel is one of the leading Russian companies.  Its business includes four
segments: mining, steel, ferroalloy, and power. Mechel unites producers of coal,
iron ore concentrate, nickel, steel, rolled products, ferroalloys, hardware,
heat and electric power. Mechel products are marketed domestically and
internationally.
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Some of the information in this press release 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 U.S. Securities and
Exchange Commission, including our Form 20-F. These documents contain and
identify important factors, including those contained in the section captioned
“Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our
Form 20-F, that could cause the actual results to differ materially from those
contained in our projections or forward-looking statements, including, among
others, the achievement of anticipated levels of profitability, growth, cost and
synergy of our recent acquisitions, the impact of competitive pricing, the
ability to obtain necessary regulatory approvals and licenses, the impact of
developments in the Russian economic, political and legal environment,
volatility in stock markets or in the price of our shares or ADRs, financial
risk management and the impact of general business and global economic
conditions.