Severstal has launched the first stage of the new 170 long-range mill at the site of the Cherepovets Metallurgical Combine. Construction of the mill, worth ₽15 billion, is one of Severstal's largest investment projects. New unit will make it possible to bring to the market unique types of products in demand in the Russian automotive industry. After the commi...

Severstal’s IFRS net profit for the first nine months of 2025 fell 57% year-on-year to RUB 49.7 billion from RUB 116.1 billion. Revenue declined 14% to RUB 543.3 billion from RUB 628.3 billion. Fixed assets grew to RUB 566.9 billion from RUB 468.3 billion.

Severstal has launched blast furnace No. 4 Vologzhanka, which is the third largest pig iron producer at the Cherepovets Metallurgical Plant of the company, after being shut down for major repairs of the first category. The blast furnace produces 2.4 million tons of pig iron per year. The volume of investments in its re-equipment amounted to ₽22 billion.

Severstal's RAS net profit for 6 months of 2025 amounted to ₽43.6 billion, which is 29.8% lower than ₽62.1 billion in the previous year. Revenue decreased by 12.1% to ₽322.6 billion against ₽367.1 billion a year earlier.