Mechel OAO is a leading Russian company whose business consists of two segments: mining and steel, comprising facilities in Russia, Romania and Lithuania. In addition, Mechel owns two trade ports, a railway and an energy company. The mining segment comprises production and sale of coal (coking and steam), iron ore and nickel, which supplies raw materials to their steel business and also to third parties. The steel business comprises production and sale of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, and value-added downstream metal products including hardware, stampings and forgings. Mechel is the second largest producer of long products in Russia, and the largest and most comprehensive producer of specialty steels and alloys in Russia. The company also produces coke, both for internal use and for third parties. The Power segment engages in the generation and sale of electricity and heat power. Mechel is headquartered in Moscow.