MOSCOW, June 22 (RIA Novosti) - Mechel (RTS: MTLR) Board Chairman Igor Zyuzin has increased his stake in the Russian mining and metals giant to 65.8% following a series of deals, the company said Thursday.
A month ago the company said Zyuzin had brought his stake up to 52.2% after buying shares from Mechel Director General Vladimir Iorikh.
Over 23% of Mechel stock is currently in free float.
The Mechel group was established in March 2003 and is a leading Russian company in the mining and metallurgy industry. It comprises several metal combines and plants in Russia, Romania and Lithuania.
