PAO Severstal (SVST) 21-Jan-2021 / 10:00 MSK Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
Moscow, Russia - 21 January 2021 - PAO Severstal (MOEX: CHMF; LSE: SVST), one of the world's leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q4 and FY2020.
Q4 2020 GROUP HIGHLIGHTS Hot metal output remained flat q/q in Q4 2020 at 2.40 mln tonnes (Q3 2020: 2.40 mln tonnes). Crude steel production declined by 4% to 2.77 mln tonnes (Q3 2020: 2.89 mln tonnes) due to planned short-term maintenance works at BOF#2.