Wednesday, October 21, 2026Moscow
Economy

Severstal improved its forecast for steel consumption for 2026

Mining and metallurgical company Severstal raised its forecast for steel consumption in Russia in 2026 from -7% to -0.5%. This is stated in the report of the manufacturer on October 20 to the IFRS report for the third quarter and nine months of the current year. Absolute figures the company does not disclose.

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Severstal improved its forecast for steel consumption for 2026

Mining and metallurgical company Severstal raised its forecast for steel consumption in Russia in 2026 from -7% to -0.5%. This is stated in the report of the manufacturer on October 20 to the IFRS report for the third quarter and nine months of the current year. Absolute figures the company does not disclose.

Source: Ведомости ↗

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