Angang Construction Wins Russian Rail Contract

The Angang Construction Consortium has won a CNY710m ($108m) contract from Russian-based Chelyabinsk Iron and Steel Works to upgrade a rail line in Russia.

The contract involves the upgrade of a 100m heavy rail production line, which requires 130,000m³ of concrete, 16,000t of steel and 14,000t of banded steel.

The project is expected to be completed within eight months.

Angang Construction is the second largest state-owned steel supplier in China and has established a joint venture with Stanko Group of the UK for the project.