Description
SWOT ANALYSIS OF MECHEL

Mechel

Parent Company

Mechel OAO

Category

Iron & steel

Sector

Industrial products

Tagline/ Slogan

-

USP

Low-cost fully integrated mining and steel company

STP

Segment

Mining, steel, ferroalloy and power

Target Group

Automotive, construction, packaging, home appliances, capital goods

Positioning

Ensures steady growth

SWOT Analysis

1. Global presence with production facilities in 13 of Russia’s regions, US, UK etc. 2. Comprised of over 30 production enterprises, producing coal, iron ore concentrate, steel and electric power 3. One of the world’s top seven metallurgical coal producers (excluding Chinese producers) 4. Leader among Russian industries Strength 5. Has a workforce of nearly 85,000 employees

1. Mining operations are hit by weaker demand and lower prices Weakness 2. High dependence on forex fluctuations affects operational efficiency

1. Expanding mining business, both through organic growth and acquisitions 2. Improving profitability in steel segment through plant modernization, cost cutting and product portfolio optimization 3. Improving performance of power segment and expanding Opportunity international sales structure

Threats

1. Losing mining license for its key assets due to major violations

discovered by the Russian Ministry of Natural Resources 2. Stiff competition across its businesses 3. Increase in electricity costs, railway transportation, natural gas and labor along with effects of inflation

Competition

1. Evraz group 2. Severstal Competitors 3. MMK



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