CAMCE signs $1.17B contract for Azerbaijan steel complex

China CAMC Engineering Co., Ltd. (CAMCE) and Azerbaijani Integrated Steelmaking Company signed a $1.17 billion contract on December 5, 2018, for the construction of a new integrated steelmaking plant in Ganja, Azerbaijan. The plant will have an annual capacity of 1.25 million tonnes of DRI and 700,000 tonnes of sheet plate products, with construction expected to last 42 months.

“The performance of the contract is conducive to the development of industrial engineering for it, and will expand its market share in the countries along the Belt and Road routes.”en.imsilkroad.com

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• en.imsilkroad.comCAMCE signs contract for Azerbaijani steel production complex construction project - Xinhua Silk RoadDec 11, 2018

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