UPDATE 1-Russia's Mechel moves step closer to debt restructuring with Sberbank
December 21, 2015 at 10:24 AM EST
MOSCOW, Dec 21 (Reuters) - Indebted Russian coal and steel producer Mechel has moved a step closer to a debt restructuring deal with a key lender as its coal subsidiary Southern Kuzbass reached a settlement agreement with Sberbank , the miner said.