Severstal will not pay dividends for the first quarter of 2026

Severstal's management has decided to forgo the payment of dividends for the first quarter of 2026 due to negative cash flow. "Given the weak demand for steel in Russia and the negative free cash flow in the first quarter of 2026, we have decided not to distribute dividends for the period. This will allow us to focus on the timely completion of key strategic projects and ensuring the company's long-term financial stability," said Alexander Shevelev, General Director of Severstal Management.