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.