China Fire & Security, Anshan Iron & Steel in US$2.9 mln deal

China Fire & Security, a U.S.-listed fire protection products and solutions provider in China, announced that the company has contracted a US$2.9 million deal with Anshan Iron & Steel, the second largest steel and metal producer in China.

The US$2.9 million project is for a power supply system, as part of the first phase of Anshan expansion project. Prior to contracting this project, Anshan entered into a US$7.6 million contract with China Fire in June.

Under the terms of the agreement, China Fire will be providing Anshan Steel with automated fire protection system. China Fire expressed that this project is likely to reap much revenue over the next twelve months.

Based on its accumulated experience and the integration of new fire codes for the iron and steel industry, China Fire related that the company is an ideal candidate for future Anshan Steel expansion endeavors in the coming two years. Leveraging on the company's reputation as an established fire protection company in the market, and more than tens years of experiences with reputable industrial clients, the company is set for further growth in coming years.