Metallurgical Corporation of China or MCC (SHA:601618, HKG:1618) signed new contracts worth 141.6 billion yuan in the two months ended Feb. 28, down 28% from a year prior, a March 14 filing with the Hong Kong bourse said.

Of this, the value of newly signed overseas contracts rose by 15% year on year to roughly 5.66 billion yuan.

In February alone, the construction engineering company signed three new major engineering and construction contracts worth over 1 billion yuan each.