FORM 6-K

 

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

Report of Foreign Private Issuer

 

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

June 20, 2008

 

Commission File Number: 333-119497

 

MECHEL OAO

(Translation of registrant’s name into English)

 

Krasnoarmeyskaya 1,

Moscow 125993

Russian Federation

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

 

 

Note: Regulation S-T Rule 101(b)(c) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

 

 

Note:  Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

 

 

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):

 

 

 

MECHEL ANNOUNCES INTENTION TO AQUIRE SHARES OF SOUTHERN KUZBASS OAO, KORSHUNOV MINING PLANT OAO AND SOUTHERN URALS NICKEL PLANT OAO FROM MINORITY SHAREHOLDERS

 

Moscow, Russia – June 20, 2008 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces its intention to acquire remaining shares of Southern Kuzbass OAO, Korshunov Mining Plant OAO and Southern Urals Nickel Plant OAO from minority owners of these subsidiaries.

 

The present invitation to make offers is addressed to any number of unspecified persons and corresponds to the clause 1 of the article 437 of the Russian Federation Civil Code and is not a public offer.

 

Persons interested in selling the shares of the above subsidiaries which they own, may send those offers to the e-mail address: irina.ipeeva@mechel.com. The form for making offers may be obtained through Mechel’s website at www.mechel.com.

 

Mechel will begin to review the offers on the day following this announcement. If the day falls on a weekend or a holiday specified by the legislation of the Russian Federation, the review of offers would begin on the first business day after it.

 

The period of acceptance of offers is 30 (thirty) days. Mechel OAO is entitled to stop the acceptance of offers before the end of the specified period by publication of the corresponding announcement on the Company’s website. If a person interested in selling their shares does not receive any official answer in 15 days period since the date of sending their offer, the offer is considered to be voided by Mechel OAO and does not imply any mutual civil rights to both parties.

 

Contact telephone: +7 (495) 221-88-88 (ext. 2623),

Department of Corporate Administration and Property

Mechel OAO

 

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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 three segments: mining, steel, and power. Mechel unites producers of coal, iron ore concentrate, nickel, steel, rolled products, 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.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

	MECHEL OAO
	By:	/s/ Igor Zyuzin
	Name:	Igor Zyuzin
	Title:	CEO
Date: June 20, 2008

 

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