Mechel Steel (MTL $10.39 -0.75) reports second quarter net income of
$191.9 million; revs of $3.47 billion versus the $3.16 billion Cap IQ consensus.
As of June 30, 2011 total debt was at $8.9 billion. Cash and cash equivalents
amounted to $356.2 million and net debt amounted to $8.6 billion.






