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Mechel OAO Message Board

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  • great_stox great_stox Mar 10, 2008 4:33 PM Flag

    Where are all the Pumpers...

    MTL is mostly a Russian economic recovery play. As any recent visitor to Russia can tesify, Russian economy keeps booming and it needs a lot of steel (construction, railroads, Sochi Olympics). I guess as long as oil is high, Mechel will do just fine. I'll consider selling this stock only if the oil price goes back to 50s.

1.59+0.02(+1.27%)Feb 12 4:02 PMEST