In Q1, Severstal increased steel production by 3% to 3.9 million tons

In Q1, Severstal increased steel production to 3.93 million tons, by 3% more than in Q1 2013, and by 4% more than in Q2 2013. Severstal Russian Steel reduced steel items sales by 8% at the background of stably high sales in Q4 2013, and exports moderately rose. Severstal North America increased sales by 1% versus Q4 2013. Growth was correspondently 2% and 4% in comparison to Q1 2013. Cast iron yield was 2.29 million tons, by 1% more than in Q1 2013, and by 3% more than in Q2 2013. Severstal Russian Steel increased sales by 5%, and Severstal North America  reduced sales by 8%.