MCC sees dip in new contract value, overseas contracts rise

Metallurgical Corporation of China Ltd. reported $679.57 bn in newly signed contracts from January to August 2025, an 18.2% decrease compared to the same period last year. Conversely, newly signed overseas contracts increased by 8.9% year-over-year, reaching $64.22 bn.

The company also disclosed details of several major engineering and construction contracts exceeding $1 bn signed in August. These include a $26.0 bn comprehensive land consolidation project for China MCC 5 Group Co., Ltd., a $12.0 bn EPC contract for an air-light hydrocarbon mixing gas construction project by China First Metallurgical Group Co., Ltd., and an $11.8 bn EPC general contract for a steel pipe production line for Shanghai Baoye Group Co., Ltd.

The announced figures are preliminary and intended for investor reference; more precise financial details will be available in the company's periodic reports. The announcement was made by the board of directors on September 12, 2025.