Shanxi Åkers TISCO Roll Co., Ltd. (“ATR”) periodically has loans outstanding with its minority shareholder. Interest on borrowings accrues at the three-to-five-year loan interest rate set by the People’s Bank of China, which approximated 4.35% and 5.00% for each of the three and six months ended June 30, 2023 and 2022, respectively. For the six months ended June 30, 2023, ATR paid $4 (RMB 25) of interest. For the six months ended June 30, 2022, ATR paid $463 (RMB 3,000) of interest. No interest was outstanding as of June 30, 2023 or December 31, 2022.

Loan activity for the six months ended June 30, 2023 and 2022 was as follows:


	Six Months Ended June 30,
	2023			2023			2022			2022
	USD			RMB			USD			RMB
Balance at beginning of the period	$	-			-		$	-			-
Borrowings		669			4,600			958			6,117
Repayments		(669	)		(4,600	)		(913	)		(6,117	)
Foreign exchange		-			-			(45	)		-
Balance at end of the period	$	-			-		$	-			-

Sales to and purchases from ATR’s minority shareholder and its affiliates, which were in the ordinary course of business, for the three and six months ended June 30, 2023 and 2022 were as follows:


	Three Months Ended June 30,
	2023		2023		2022		2022
	USD		RMB		USD		RMB
Purchases from related parties	$	1,880		13,223	$	3,760		24,654
Sales to related parties	$	303		2,342	$	2,292		15,164


	Six Months Ended June 30,
	2023		2023		2022		2022
	USD		RMB		USD		RMB
Purchases from related parties	$	3,323		23,133	$	5,818		37,712
Sales to related parties	$	2,723		18,960	$	4,540		29,429

Balances outstanding with ATR's minority shareholder and its affiliates as of June 30, 2023 and December 31, 2022 were as follows:


	June 30, 2023		June 30, 2023		December 31, 2022		December 31, 2022
	USD		RMB		USD		RMB
Accounts receivable from related parties	$	247		1,789	$	1,066		7,352
Accounts payable to related parties	$	775		5,622	$	412		2,841
Other current liabilities:
Customer deposits	$	402		3,089	$	368		2,542