Exhibit 8.1



|                                                                     |  |               |  |                           |  |                                              |  |                                                               |       |  
|-------------------------------------------------------------------- |  | ------------- |  | ------------------------- |  | -------------------------------------------- |  | ------------------------------------------------------------- | ----- | -
|Name of subsidiary                                                   |  | Registered in |  | Core business             |  | Date controlacquired/date ofincorporation(*) |  | Interest in voting stock held bythe Group at December 31,2015 |      
|Southern Kuzbass Coal Company (SKCC)                                 |  | Russia        |  | Coal mining               |  | Jan 21, 1999                                 |  |                                                               | 96.6  | %
|Chelyabinsk Metallurgical Plant (CMP)                                |  | Russia        |  | Steel products            |  | Dec 27, 2001                                 |  |                                                               | 94.2  | %
|Vyartsilya Metal Products Plant (VMPP)                               |  | Russia        |  | Steel products            |  | May 24, 2002                                 |  |                                                               | 93.3  | %
|Beloretsk Metallurgical Plant (BMP)                                  |  | Russia        |  | Steel products            |  | June 14, 2002                                |  |                                                               | 91.5  | %
|Ural Stampings Plant (USP)                                           |  | Russia        |  | Steel products            |  | April 24, 2003                               |  |                                                               | 93.8  | %
|Korshunov Mining Plant (KMP)                                         |  | Russia        |  | Iron ore mining           |  | Oct 16, 2003                                 |  |                                                               | 90.0  | %
|Mechel Nemunas (MN)                                                  |  | Lithuania     |  | Steel products            |  | Oct 15, 2003                                 |  |                                                               | 100.0 | %
|Mechel Energo                                                        |  | Russia        |  | Power generation and sale |  | Feb 3, 2004                                  |  |                                                               | 100.0 | %
|Port Posiet                                                          |  | Russia        |  | Transshipment             |  | Feb 11, 2004                                 |  |                                                               | 97.5  | %
|Izhstal                                                              |  | Russia        |  | Steel products            |  | May 14, 2004                                 |  |                                                               | 90.0  | %
|Port Kambarka                                                        |  | Russia        |  | Transshipment             |  | April 27, 2005                               |  |                                                               | 90.4  | %
|Mechel Service                                                       |  | Russia        |  | Trading                   |  | May 5, 2005                                  |  |                                                               | 100.0 | %
|Mechel Trading AG                                                    |  | Switzerland   |  | Trading                   |  | Dec 20, 2005                                 |  |                                                               | 100.0 | %
|Mechel Coke                                                          |  | Russia        |  | Coke production           |  | June 8, 2006                                 |  |                                                               | 100.0 | %
|Moscow Coke and Gas Plant (Moskoks)                                  |  | Russia        |  | Coke production           |  | Oct 4, 2006                                  |  |                                                               | 99.5  | %
|Southern Kuzbass Power Plant (SKPP)                                  |  | Russia        |  | Power generation          |  | April 19, 2007                               |  |                                                               | 98.3  | %
|Kuzbass Power Sales Company (KPSC)                                   |  | Russia        |  | Power distribution        |  | June 30, 2007                                |  |                                                               | 72.1  | %
|Bratsk Ferroalloy Plant (BFP)                                        |  | Russia        |  | Ferrosilicon production   |  | Aug 6, 2007                                  |  |                                                               | 100.0 | %
|Yakutugol                                                            |  | Russia        |  | Coal mining               |  | Oct 19, 2007                                 |  |                                                               | 100.0 | %
|Port Temryuk                                                         |  | Russia        |  | Transshipment             |  | March 13, 2008                               |  |                                                               | 100.0 | %
|Mechel Carbon AG                                                     |  | Switzerland   |  | Trading                   |  | April 2, 2008                                |  |                                                               | 100.0 | %
|HBL Holding GmbH (HBL)                                               |  | Germany       |  | Trading                   |  | Sept 26, 2008                                |  |                                                               | 100.0 | %
|Mechel Service Stahlhandel Austria GmbH (including its subsidiaries) |  | Austria       |  | Trading                   |  | Sept 25, 2012                                |  |                                                               | 100.0 | %
|Elgaugol                                                             |  | Russia        |  | Coal mining               |  | Aug 14, 2013                                 |  |                                                               | 99.9  | %



|(*) | Date, when a control interest was acquired or a new company established.
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