Novostal-M and a major Uzbek developer Xon Saroy have agreed on the supply of metal products for residential and commercial real estate construction projects.

As specified in Xon Saroy:
— We use only the highest quality metal in construction and we are confident that our cooperation with the Novostal-M holding will allow us to achieve these standards. The planned volume of annual reinforcement supplies will be at least 15,000 tons and will be an important step for Novostal-M in developing new construction projects and strengthening its position in the market.

The metal products specified in the Memorandum will be manufactured at both plants of the holding — SF Balakovo, located in the Saratov region, and AESW (Krasnodar region).