Russian steelmaker Severstal increased its total crude steel output by 14% y-o-y.
Its 2010 full year operation results state total production in 2010 was 17.04Mt compared to 15.00Mt in 2009. Its Russian operation contributed 11MT while its US outfit supplied 5.9Mt.
However output in Q4 2010 was down 1% from Q3 2010, with production at its North American facilites down 8% q-o-q.
Sales of iron ore were down 23%, with 3.5Mt sold in 2010 compared to 4.65Mt the year before.