Procurement Policy

The company’s procurements are divided into the following groups:

• Procurement of production materials:
  • hot-rolled bars and rods, steel grades meeting GOST 380-2005, GOST 19281-89, GOST 1050-88, GOST 4543-71;
  • tool steels meeting  GOST 5590-2000 (5KhNМ, 7Kh3, etc.)
• Procurement of non-production materials and items needed for production process and product quality assurance.
• Procurement of materials and items needed for repair and operation;
• Procurement of services needed for production process and product quality assurance.

Suppliers are selected based on the following criteria:

• supplier’s market share; 
• product quality level;
• capability to maintain stable supplies of necessary amount of products;
• pricing policy;
• remoteness of supplier’s location and availability of lines of communication;
• prior experience working with this supplier;
• certified Quality Management System.