Severstal Net Profit Falls Seventy Nine Percent as Steel Demand Declines

Severstal reported a 79 percent drop in 2025 net profit to 31.99 billion roubles while suspending its quarterly dividend amid negative free cash flow.

洞察:
Severstal PJSC announced a 79% fall in 2025 net profit to 31.99 billion roubles as the steel industry in Russia RURUfaces significant headwinds. The company reported negative free cash flow for the year and confirmed it will not pay a dividend for the fourth quarter of 2025. This suspension follows the last dividend payment by Severstal PJSC, which occurred in the third quarter of 2024.
The logo of steelmaker Severstal is seen at the company's plant in Cherepovets, Russia, on October 22, 2018. REUTERS/Polina Ivanova
The logo of steelmaker Severstal is seen at the company's plant in Cherepovets, Russia, on October 22, 2018. REUTERS/Polina Ivanova
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