Severstal's sales in 2023 decreased by 2%

Severstal in 2023 produced 11.273 million tons of steel, up 5% from 10.692 million tons a year earlier. Pig iron production increased by 3% to 11.301 million tons. Sales of steel products fell 2% to 10.733 million tons. Share of high value-added products increased by 5 p.p. to 49%.