Severstal reduced its steel production by 7% YoY to 5.657 million tonnes in 6 months 2020. Iron production increased by 2% to 4.741 million tonnes. Sales of steel products decreased by 7% to 5.3 million tonnes. The share of high value-added products decreased by 2 p.p. year-on-year to 43% due to increased sales of semi-finished products and hot-rolled sheet. Average selling prices of steel products decreased from 9 to 23%, depending on the product category.