Anshan Iron and Steel Group's high-end products account for "half of the industry's production capacity"

According to Ansteel Group, production and operation have continued to improve this year, with total profits in the first half of the year exceeding the progress reported by the State-owned Assets Supervision and Administration Commission of the State Council by 27%. Steel exports have seen a substantial growth for 4 consecutive years, and iron concentrate production has reached a historical high. Focusing on "high precision and advanced technology", the group is driving product structure upgrade through technological innovation. In the first half of the year, research and development investment intensity reached 2.81%, higher than the industry average, with high-end products accounting for 49.7% and 14 new products promoted.