Severstal is carrying out preparatory and design work to start overhaul of blast furnace N4 Vologzhanka at Cherepovets Steel Mill. Furnace shutdown is scheduled for the second half of 2025. Overhaul will restore the furnace's design parameters, ensure high productivity, and ensure pig iron production with an increased share of iron ore pellets and reduced so...

Severstal will not pay dividends for Q4 2024 as cash flow in the period was negative. Dividends for the first, second and third quarters of 2024 totaled ₽99.2 billion or 103% of the company's free cash flow for the full year 2024.

Severstal's IFRS net profit for 2024 amounted to ₽149.6 billion, down 21.6% lower from ₽190.9 billion in the previous year. Revenue rose 13.9% to ₽829.8 billion against ₽728.3 billion a year earlier.

Severstal plans to invest ₽169 billion in 2025. Of this amount, ₽81 billion will be spent on maintaining existing capacities, while the company will invest ₽70 billion in development projects. Investment in IT and digital projects is planned at ₽13 billion, while investments in environmental protection, safety and labor protection will amount to ₽5 billion.