Russia’s Mechel makes first quarterly profit since 2012

Russian indebted coal and steel producer Mechel reported on Friday a $34 million net profit for the second quarter after a $273 million net loss in the previous quarter, booking its first quarterly profit since 2012.

Read more at: http://www.reuters.com/article/2015/09/11/russia-mechel-results-idUSR4N11002120150911

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