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02 Feb
15:00

Severstal keeps output flat, sales slip in 2022

Severstal's 2022 hot metal production was unchanged at 11 million tonnes, but crude steel output declined 8% on-year to 10.69mt. Consolidated steel product sales declined by 2% on-year to 10.92mt, Kallanish learns from the company. In the fourth quarter, both hot metal and crude steel production rose after the declines in the first half of the year. Q4 hot metal output rose 1% on-quarter to 2.85mt, while crude steel production gained 3% at 2.73mt. Bu…
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