Severstal's sales in Q1 decreased by 11%

Severstal for 3 months of 2024 produced 2.901 million tons of steel, up 7% from 2.701 million tons a year earlier. Pig iron production increased by 2% to 2.776 million tons. Sales of steel products fell 11% to 2.474 million tons. Share of high value-added products increased by 8 p.p. to 51%.