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Monday, July 24, 2000, updated at 22:03(GMT+8)
Business  

Anshan Steel Pays 640 Million yuan in Taxes for First Half

After of completing production plan by every means, Anshan Steel (Group) Co. took the initiative to work with tax offices to pay taxes. The value-added tax and consumer tax totaled 640 million yuan, up 110 million yuan compared with the same period last year, setting a new high.

Through the recent years' technical upgrades, Anshan Steel's main technological equipment and production technology is now China's most advanced, some of it is the most advanced in the world. The product quality is constantly improving and production this year has been good. From January to June, Anshan Steel produced 4.33 million tons of steel, 4.5 million tons of pig iron, 3.6 million tons of steel products. Compared to the same period of last year, steel output increased by 155,000 tons, pig iron by 368,000 tons, steel products by 476,700 tons. During the first half, Anshan Steel focused on the production high quality products and high value-added products, expand sales channels. Steel products exports hit 3.57 million tons, increasing by 499,000 tons over the same period last year.




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After of completing production plan by every means, Anshan Steel (Group) Co. took the initiative to work with tax offices to pay taxes. The value-added tax and consumer tax totaled 640 million yuan, up 110 million yuan compared with the same period last year, setting a new high.

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