Severstal's RAS net profit for 3 months of 2025 amounted to ₽11.9 billion, down 69.4% from ₽38.89 billion in the previous year. Revenue declined 12.2% to ₽159.69 billion vs. ₽181.89 billion a year earlier.

Severstal's IFRS net profit for 3 months of 2025 amounted to ₽21.07 billion, down 2.2 times from ₽46.67 billion in the previous year. Revenue fell 5.6% to ₽171.35 billion against ₽181.51 billion a year earlier.

Severstal's steel production for 3 months of 2025 amounted to 2.91 million tons of steel, up 5% year-on-year. Pig iron production decreased by 2% to 2.84 million tons as sales of saleable pig iron increased. Sales of steel products rose 7% to 2.66 million tons. Share of high value-added products increased by 1 p.p. to 52%.

Severstal has started commissioning work on a new 900,000-tonne capacity long product rolling mill in Cherepovets. Project worth ₽15 billion was planned to be launched in 2022-2023, but it was necessary to replace the European equipment supplier with a Chinese one. Now the project is scheduled to reach its design capacity in the first half of 2026