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 OVERVIEW |
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| China Precision Steel (CPS) is a niche and high value-added steel processing company that takes commodity steel and creates a specialty premium steel which yields above industry gross margins. The company produces and sells high precision ultra-thin and high strength (7.5 mm to 0.03 mm) cold-rolled steel products and provides heat treatment and cutting for steel strips. It takes raw materials, hot-rolled de-scaled (pickled) steel coils, through a cold rolling mill with patented systems and high technology reduction processing procedures to make steel coils and sheets in customized thickness for deliveries in accordance with customers’ specifications. Specialty precision steel pertains to the precision of measurements and tolerances of thickness, shape, width, surface finish, and other special quality features of highly engineered end use applications such as automobile components, saw blades, textile needles, plane friction discs, food packaging materials, and microelectronics. CPS primarily sells its products domestically, but has recently begun exporting to Nigeria, Thailand, the Philippines and Indonesian markets and has plans to continue building its export business.
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Overview 
