Mechel OAO said that the board of directors of the company has recommended an evaluation to sell up to 25% stake in Mechel Mining OAO and has approved sale of several non-core assets considered inconsistent with the new development strategy. In particular, the company approved divestment of Closed Joint Stock Company Mini Steel Mill ISTIL (Ukraine), Invicta Merchant Bar Public Limited Company, Mechel Nemunas, Mechel Service Global B.V., Voskhod-Chrome, Voskhod-Oriel, Tikhvin Ferroalloy Plant ZAO, Southern Urals Nickel Plant OAO, Open Joint Stock Company Kuzbass Energy Retail Company and Toplofikatsia Rousse.