It is on October 29, 2018 that CIE sees an EPC contract on 2×500m² sintering and corresponding accessories with GUANGXI IRON&STEEL (GROUP) CO., LTD (hereinafter referred to as GUANGXI IRON&STEEL).

GUANGXI IRON&STEEL, one of holding companies under GUANGXI LIUZHOU IRON AND STEEL GROUP COMPANY LIMITED, is located at PanBeibu Gulf Economic Zone, one of strategic locations of national development of “One Belt and One Road”, integrating the advantages of along coast, river and border into one. Iron & Steel Center Project of Fangcheng Port is not only one of major projects that China adjusts and updates the layout of iron and steel industry, but also one of major projects of “coastal strategy” of GUANGXI IRON&STEEL. In which, the 2×500m² sintering project belongs to the key unit engineering of Iron & Steel Center of Fangcheng Port.