Metallurgical Corporation of China (SHA:601618, HKG:1618) or MCC signed new contracts worth around 1.048 trillion yuan from January to November, down 12.1% from the year-ago period, a Friday bourse filing said.

Of this, the value of newly signed overseas contracts rose by 99% year over year to 74.7 billion yuan for the period.

In November alone, the construction engineering company signed two contracts worth over 1 billion yuan each.