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Wednesday, April 19, 2000, updated at 16:21(GMT+8) | |||||||||||||
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Anshan Claims12-Time Growth in First Quarter Steel Exports over LastIt is reported in the first quarter this year Anshan Steel Group has achieved an export volume of 280 thousand tons of steel, 12 times over the same period last year, with a total of $59 thousand million foreign exchange earnings realized.As the oldest steel producer of China with a history of over 80 years, Anshan has all along been run with up-to-date technologies to ensure new economic strides made. A wide variety of important technological reconstruction items have been put into operation successfully during the "9th Five-year Plan" period, and substantial changes have been made in its product structure from primary types to high added value products. To contribute to Anshan's rise there has already been seen also an increased demand by clients for its steel products in countries from last year's 7 to today's 11, especially its 1780-typed hot-rolled steel products that have won wide markets in the US, Japan, South Korea and Europe. Beginning with this year, the central government has stuck to a policy to place control on steel output of steel producers in China. A strategy for an expansion of exports has thus come to be pursued by Anshan in an effort to avoid streamlining production scale. Meanwhile, Anshan has also various measures adopted and have brand-name quality products put out, products much sought after by clients from an incessantly enlarged world market.
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