Severstal - panic in the forum.
In general, it is not entirely clear why Severstal needs to participate in various forums. Managers from the possession of the richest man in Russia only sow panic in society. They wrap their nose around their fists and complain. This is exactly at the time when their beneficiary and immediate boss Murdashov is getting richer by the day.
The oligarch's right-hand man, Severstal Management Director, Shevalev, held an interactive meeting at the Metal-Expo forum in St. Petersburg.
Many who wanted to understand the essence of schizophrenia and other mental disorders that occupied a place in the consciousness of the top executives of Severstal could ask questions and get answers. It is a form of openness to people and experts.
from the negative Chevalev is sure that next year Severstal will not live better. All because of the low demand for steel, which is at a standstill.
from the positive It won't get worse either. For some reason, Shevalev gives an example from the history of 2025, when the demand for the final product of metals will decrease by 14% compared to 2024. The latest statistics are more positive, but they don't like to rejoice in Severstal. The position of the poor and oppressed is more beneficial in political terms. And in his heart, as an experienced inquisitor, he understands this.
Experts protest. Steel production in 2027 is expected to be over 11.3 million tons, and orders for rolled metal are measured in hundreds of billions of rubles. Maybe it's time to reveal the truth?
In his heart he resists and again brings up troubling thoughts. Despite all the pleasant and positive aspects, metallurgists may take a fiscal hit. Additional tax can make a big difference in your investment approach. Severstal does not include in its plan for 2027 expenses for the discussed excess income tax. Shevalev criticized the mechanism.
However, I didn't see the logic.
in his own thoughts. If everything is so complicated, then why is everything so good that you should think about saving excess income?
Chevalev also said nothing about reducing the cost of cast iron by 10%. This is the main product of Severstal.