MCC reports 19% decline in H1 contract value

Metallurgical Corporation of China reported a 19.1% year-on-year decrease in newly signed contract value for the first half of 2025, reaching RMB 5,482.0 billion. The second quarter alone saw a 12.0% decline to RMB 3,175.4 billion.

Housing construction engineering experienced the steepest decline, falling 33.8% to RMB 2,064.8 billion. Metallurgical engineering and operation services decreased 7.8%, while municipal and infrastructure engineering saw a 6.3% reduction.