The result of interaction between the parties should be the optimization of supply chains for metal products by eliminating intermediaries, a possible reduction in the timing and costs of logistics (in particular, by consolidating applications from construction companies), which will reduce the final costs of construction companies. PJSC MMK will receive online access to information on current and future construction projects, needs and future requirements for metal products. This information will help expand PJSC MMK's presence in the segment of construction metal products. In turn, construction companies that are members of the Association will be able to promptly receive information about the entire range and new types of products of PJSC MMK to be taken into account when planning construction projects.
PJSC Magnitogorsk Metallurgical Plant is one of the world's largest steel producers and occupies a leading position among Russian ferrous metallurgy enterprises, producing a wide range of metal products with a predominant share of products with high added value for all major metal-consuming sectors of the Russian industry, including construction.
The National Association of Builders (NOSTROY) is the largest association of self-regulatory organizations in the construction industry, which includes 225 self-regulatory organizations, functioning in 74 constituent entities of the Russian Federation, as well as more than 96,000 companies engaged in housing, civil and industrial construction, reconstruction and overhaul, demolition of buildings and structures, which is more than 50% of the total number of companies working in the construction industry.