China Precision Steel, Inc. is a steel processing company. The Company is engaged in the manufacture and sale of cold-rolled precision steel products for downstream applications, including automobile components and spare parts, kitchen tools, electrical appliances, roofing and food packaging materials. The Company produces and sells precision cold-rolled steel products ranging from approximately 7.5 millimeters (mm) to 0.03 mm. It also provides heat treatment, and cutting and slitting of medium and high-carbon hot-rolled steel strips. Its process puts hot-rolled de-scaled (pickled) steel coils through a cold-rolling mill, utilizing its systems and reduction processing procedures, to make steel coils and sheets in customized thicknesses according to customer specifications. Its precision products are used in the manufacture of automobile parts and components, steel roofing, plane friction discs, appliances, food packaging materials, saw blades, textile needles and micro electronics.