MOSCOW, June 30 (Reuters) - The net debt of Russian steel and coal producer Mechel after the sale of its stake in the Elga coal project is around 400 billion roubles ($6.25 billion), Mechel head Oleg Korzhov told a shareholders' meeting on Thursday.

Mechel also hopes to sign a new debt agreement with VTB bank in July and to agree on $1 billion debt restructuring with a syndicate of banks in the nearest time, he added. ($1 = 64.0146 roubles) (Reporting by Anastasia Lyrchikova; Writing by Katya Golubkova and Dmitry Solovyov; editing by Polina Devitt)