On February 10th, the MCC19 Group made another achievement in the Indonesian market by successfully signing a construction contract and steel structure fabrication and main material supply contract with Dexin Steel and Iron Co., Ltd. for the Newly Built Blast Furnace Project, part of the 3.5 Million t/a Steel and Iron Project.
Located in Tsingshan Industrial Park in Sulawesi Island, Indonesia, Dexin Steel and Iron’s 3.5 Million t/a Steel and Iron Project involves the complete flow scheme system projects, including iron making, steel making, hot rolling and copper bars. It will be jointly constructed by the Tsingshan Group, Delong Holdings and PT Indonesia Morowali Industrial Park.
MCC19’s signed blast furnace general contracting project contracts are subject construction contracts that include a blast furnace section with two newly built 1,780 m3 blast furnaces, hot blast heater section and supporting public auxiliary facility installation section, as well as purchase and supply contracts for all domestic steel structure fabrication and other main materials within the corresponding contractual scope. The contractual commencement date of the project is March 10th, 2018 and the goals to be guaranteed are that Blast Furnace No. 1 should be put into production before December 31st, 2018 and Blast Furnace No. 2 should be put into production before January 31st, 2019. The project will practice the national ‘Belt and Road’ strategy, forging a green, environmentally friendly, efficient and energy-saving modernized steel and iron manufacture base by virtue of leading technologies.