Unlike Mr Khodorkovsky, Mechel's owner, a former miner, steered clear of politics and shunned publicity.
The share sales by Mechel and Evraz are unlikely to be the last.
The next day an explosion in one of Mechel's mines injured 17 people, and the environmental agency launched an investigation.
Mechel OAO shares are currently trading off about 4.3% on the day.
Mechel OAO shares are currently trading off about 5% on the day.
Mechel OAO shares are currently trading down about 3% on the day.
Delaney and UBS recommend steel company Mechel (MTL) and Mobile TeleSystems (MBT).
Russian stockmarkets took fright when Vladimir Putin, the prime minister, attacked the tax record and export practices of Mechel , a big mining company.
Among the largest underlying components of RSX, in trading today Mobile Telesystems OJSC ( MBT) is off about 1.7%, and Mechel OAO ( MTL) is higher by about 0.2%.
Among the largest underlying components of BKF, in trading today Mobile Telesystems OJSC ( NYSE: MBT) is off about 2.1%, and Mechel OAO ( NYSE: MTL) is up by about 1.8%.
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Components of that ETF showing particular strength this week include shares of Southern Copper ( SCCO), up about 4.5% and shares of Mechel OAO ( MTL), up about 2.7% over the period.
Among the largest underlying components of RSX, in trading today Mobile Telesystems OJSC ( NYSE: MBT) is down about 1.6%, VimpelCom Ltd. ( NYSE: VIP) is up about 0.1%, and Mechel OAO ( NYSE: MTL) is higher by about 4%.
Among the largest underlying components of RSX, in trading today VimpelCom Ltd. ( NYSE: VIP) is up about 1.8%, Mobile Telesystems OJSC ( NYSE: MBT) is up about 1.6%, and Mechel OAO ( NYSE: MTL) is higher by about 0.1%.
Among the largest underlying components of RSX, in trading today Mobile Telesystems OJSC ( NYSE: MBT) is up about 1.3%, VimpelCom Ltd. ( NYSE: VIP) is up about 1.9%, and Mechel OAO ( NYSE: MTL) is higher by about 1.4%.
Among the largest underlying components of RSX, in trading today Mobile Telesystems OJSC ( NYSE: MBT) is off about 1%, VimpelCom Ltd. ( NYSE: VIP) is off about 1%, and Mechel OAO ( NYSE: MTL) is higher by about 2.6%.
Among the largest underlying components of RSX, in trading today Mobile Telesystems OJSC ( NYSE: MBT) is up about 1%, VimpelCom Ltd. ( NYSE: VIP) is up about 0.2%, and Mechel OAO ( NYSE: MTL) is up by about 1.1%.
Among the largest underlying components of RSX, in trading today Mobile Telesystems OJSC ( NYSE: MBT) is up about 1%, VimpelCom Ltd. ( NYSE: VIP) is up about 1.4%, and Mechel OAO ( NYSE: MTL) is up by about 0.5%.
Among the largest underlying components of RSX, in trading today Mobile Telesystems OJSC ( NYSE: MBT) is off about 1.6%, VimpelCom Ltd. ( NYSE: VIP) is down about 4.6%, and Mechel OAO ( NYSE: MTL) is lower by about 3.1%.
Among the largest underlying components of RSX, in trading today VimpelCom Ltd. ( NYSE: VIP) is up about 3.6%, Mobile Telesystems OJSC ( NYSE: MBT) is up about 2.8%, and Mechel OAO ( NYSE: MTL) is higher by about 4.8%.
Among the largest underlying components of RSX, in trading today VimpelCom Ltd. ( NYSE: VIP) is up about 1.7%, Mechel OAO ( NYSE: MTL) is off about 0.3%, and CTC Media Inc ( NASD: CTCM) is lower by about 1.4%.
Among the largest underlying components of IEMG, in trading today Southern Copper Corp ( NYSE: SCCO) is up about 1%, Ishares Standard and Poors India Nifty 50 Fund ( NASD: INDY) is up about 1.5%, and Mechel OAO ( NYSE: MTL) is higher by about 1.3%.
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