Severstal produced 7.7 million tons of steel in 9 months of 2024, down 8% year-on-year. Pig iron production decreased by 14% to 7.17 mln tons amid repairs of BF-5. Sales of steel products decreased by 3% to 7.927 million tons. The share of high value-added products increased by 5 p.p. to 53%.