Ma Steel International Trade & Economic Corporation (hereinafter referred to as Ma Steel Trade ), a wholly-owned subsidiary of Maanshan Iron & Steel Company Limited, is specially responsible for the import and export business of her mother company. It combines industry with trade and possesses corporation status. Since 1991, Ma Steel Trade has ranked among the 500 biggest import and export corporations in China. In 1996, the annual import and export amount reached 260 million US dollars. It ranked the 88th among the 500 biggest corporations. Ma Steel Trade won Class A Credit Company issued by Hefei customs in 1998. Maanshan Iron & Steel Company Limited is one of the extra-large integrated iron and steel producers in the P.R. China and also the biggest industry enterprise in Anhui Province. The products are classified into 10 categories. Of these categories, there are 3,000 different products. The major ones are high quality wire rod, train wheel & tyre, steel plate and steel section (each product is exported). More than 85% of the products are manufactured in accordance with international standards. On the principle of equality and mutual benefit, Ma Steel International Trade & Economic Corporation is willing to promote business with friends both at home and abroad.