MECHEL ANNOUNCES 2016 FINANCIAL RESULTS CONFERENCE CALL
AND INTERNET BROADCAST

Moscow, Russia — April 24, 2017 — Mechel PAO (MOEX: MTLR, NYSE: MTL), one of the
leading Russian mining and metals companies, announces that it intends to
release its financial results for the full year period ending December 31, 2016,
on Wednesday, April 26, 2017. In conjunction with this release, Mechel will host
a conference call, which will be simultaneously broadcast live over the
Internet. Oleg Korzhov, Chief Executive Officer, will host the call.

The conference call will take place at the following time:

Wednesday, April 26, 2017

6:00 PM Moscow Time
4:00 PM London Time
11:00 AM New York Time

Please dial the number below approximately 10 minutes prior to the scheduled
time of the call.

Conference Call Phone Numbers:

International: +44 (0)330 336 9411
US: +1 719-325-2230
Russia: +7 495 213 1767

Conference ID: 6512636

Listeners can access the conference call live over the Internet through a link
on Mechel's web site at http://www.mechel.com/shareholders/report/

Please take 10 minutes prior to the call to visit the site and download
presentation and any necessary audio software.  Additionally, a record of the
webcast will be available on our web site.

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Mechel PAO
Alexey Lukashov
Phone: +7 495 221 8888
e-mail: alexey.lukashov@mechel.com

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Mechel is an international mining and steel company. Its products are marketed
in Europe, Asia, North and South America, Africa. Mechel unites producers of
coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and
electric power. All of its enterprises work in a single production chain, from
raw materials to high value added products.

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Some of the information in this press release may contain projections or other
forward-looking statements regarding future events or the future financial
performance of Mechel, as defined in the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. We wish to caution you that
these statements are only predictions and that actual events or results may
differ materially. We do not intend to update these statements. We refer you to
the documents Mechel files from time to time with the U.S. Securities and
Exchange Commission, including our Form 20-F. These documents contain and
identify important factors, including those contained in the section captioned
“Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in our
Form 20-F, that could cause the actual results to differ materially from those
contained in our projections or forward-looking statements, including, among
others, the achievement of anticipated levels of profitability, growth, cost and
synergy of our recent acquisitions, the impact of competitive pricing, the
ability to obtain necessary regulatory approvals and licenses, the impact of
developments in the Russian economic, political and legal environment,
volatility in stock markets or in the price of our shares or ADRs, financial
risk management and the impact of general business and global economic
conditions.