Mechel PAO Preferred (MTL-)

[rosen62]

About.

Last press releases speak of government inducing local demand by affecting imports and government loan guarantees which will help reduce interest rates. This is mostly industry related and not company specific. On a DIP these shares are toast, I think. Only 20% of their debt is held by intnl banks so there is a lot the Russian gov can do to move the needle in favor of mtl. Or not.