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Severstal announced production data

Severstal announced production data for the first quarter of this year.

Severstal announced production data

Pig iron production fell by 4% from the fourth quarter of last year, while steel production fell by 1%; and steel sales fell by 6%. Sales of high value-added goods rose by 3% and those of semi-finished goods by 4% at the same time.
The decline in production is explained by scheduled repairs at blast furnaces.

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